# 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.

- Type: Acquisition
- Announced: 2024-04-17
- Where: United States
- Status: announced
- Products: nonwovens, films
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Berry Global](https://endata.com/companies/25296.md)
- [Glatfelter](https://endata.com/companies/3467.md) (target)
- [Berry Global](https://endata.com/companies/25296.md) (acquirer)
- [F&S Tool](https://endata.com/companies/76981.md) (target)

## Sources

- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/berry-and-glatfelter-announce-key-milestone-in-proposed-merger/), 2024-04-17: "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."
- [technicaltextiles.in](https://technicaltextiles.in/berry-and-glatfelter-announce-key-milestone-in-proposed-merger/), 2024-04-20: "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."
- [sustainabilitymea.com](https://www.sustainabilitymea.com/berry-global-announces-major-investment-in-healthcare-product-manufacturing/), 2024-04-23: "The acquisition of F&S Tool bolsters Berry’s global tooling capability and brings proprietary technologies in closures and bottles, targeting high-growth markets."

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