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Glatfelter Corporation completed the acquisition of Jacob Holm for approximately $302 million, including debt repayment. The deal adds four manufacturing plants, a converting facility, and six sales offices in the Americas, Europe, and Asia, with about 760 employees.
“We are very pleased to be closing on the acquisition and adding Jacob Holm's premium quality spunlace and advanced fiber products to Glatfelter's portfolio of industry-leading airlaid and composite fibers products.”globenewswire.com
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