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Glatfelter Corporation will acquire Jacob Holm, a manufacturer of spunlace nonwoven fabrics, for approximately $308 million. The deal adds Jacob Holm's Sontara brand and four manufacturing facilities.
“The combination of Jacob Holm's quality spunlace and advanced fibre products along with Glatfelter's industry-leading airlaid and composite fiber products will provide a best-in-class suite of nonwovens technologies, applications, and expertise to serve customers' growing global demand.”innovationintextiles.com
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