# Glatfelter completes acquisition of Jacob Holm Group for $302 million

Glatfelter Corporation completed the acquisition of all equity of PMM Holding (Luxembourg) AG, parent of the Jacob Holm Group, for approximately $302 million, funded by senior notes issuance. Jacob Holm is a manufacturer of spunlace nonwoven fabrics.

- Type: Acquisition
- Announced: 2021-10-29
- Where: Switzerland
- Value: $302.0M
- Status: completed
- Products: spunlace nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Glatfelter](https://endata.com/companies/3467.md) (acquirer)
- [Jacob Holm](https://endata.com/companies/28283.md) (target)

## Sources

- [finnhub.io](https://finnhub.io/api/news?id=db6683efd5bd600afba3785ebe18e6032f6581bca120c7e4aff93aad95df78e8), 2021-10-29: "On October 29, 2021, Glatfelter Corporation completed the acquisition of all of the outstanding equity interests of PMM Holding (Luxembourg) AG."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.