SWM and Neenah agree all-stock merger of equals in specialty materials

Schweitzer-Mauduit (SWM) and Neenah agreed an all-stock merger of equals creating a specialty materials company with about $3 billion in combined revenue, targeting at least $65 million in annual run-rate cost synergies within 24-36 months.

“SWM and Neenah, two leading global manufacturers of specialty materials, today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals”businesswire.com

• 1 source
• businesswire.comSWM and Neenah to Combine in All-Stock Transaction to Create a ~$3 Billion Global Leader in Specialty MaterialsMar 28, 2022

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