Neenah agrees to acquire Global Release Liners, parent of ITASA, for $247m

US paper manufacturer Neenah signed a definitive agreement to acquire Global Release Liners, the parent of Spanish release liner maker ITASA, for a cash consideration of EUR 205 million ($247 million), with closing expected the following month.

“Neenah has signed a definitive agreement to acquire Spanish packaging firm Industrias de Transformacion de Andoain's (ITASA) parent company, Global Release Liners, for a cash consideration of €205m ($247m).”packaging-gateway.com

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• packaging-gateway.comNeenah signs agreement to acquire ITASA for $247mMar 3, 2021

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