Mativ to sell Engineered Papers business to Evergreen Hill Enterprise for $620 million

Mativ Holdings announced it has received a binding offer from Evergreen Hill Enterprise to acquire its Engineered Papers business for $620 million. The transaction is part of Mativ's strategy to focus on faster-growing end-markets.

“The proposed sale of Engineered Papers is a key milestone in the transformation of Mativ and aligns with our strategy to focus our efforts, accelerate growth, and drive value for our shareholders.”nonwovens-industry.com

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• nonwovens-industry.comMativ Announces Proposed Sale of Engineered Papers Business - Nonwovens IndustrySaveAug 3, 2023

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