Apr 17, 2024ACQUISITIONUnited States Berry and Glatfelter to merge nonwovens and films business
Berry Global will spin off and merge its Health, Hygiene and Specialties segment (including Global Nonwovens and Films) with Glatfelter in a Reverse Morris Trust transaction. The combined company will have revenues of $3.6 billion and is expected to close in the second half of 2024.
Productsnonwovensfilms
“The transaction will create a leading, publicly-traded company in the specialty materials industry and is expected to close in the second half of calendar 2024.”nonwovens-industry.com
- 3 sources
- nonwovens-industry.comBerry and Glatfelter Announce Key Milestone in Proposed Merger - Nonwovens IndustryBy: Karen McIntyre EditorApr 17, 2024
- technicaltextiles.inBerry and Glatfelter Announce Key Milestone in Proposed Merger - TECHNICAL TEXTILES TODAYApr 20, 2024
- sustainabilitymea.comBerry Global announces major investment in healthcare product manufacturing | Sustainable Packaging Middle East & Africa - The No.1 Paper, Packaging & Recycling Industry Magazine & WebsiteAlphonseApr 23, 2024
Summarized from public sources; check the original articles before acting on it.