# Berry and Glatfelter announce regulatory milestone for spin-off and merger of nonwovens and films business

Berry Global Group and Glatfelter Corporation announced they have received all required regulatory approvals for the proposed spin-off and merger of Berry's Health, Hygiene and Specialties global nonwovens and films business with Glatfelter. The transaction is expected to close in the second half of 2024.

- Type: Acquisition
- Announced: 2024-06-25
- Where: United States
- Value: $3.60B
- 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) (partner)
- [Glatfelter](https://endata.com/companies/3467.md) (target)
- [Berry Global](https://endata.com/companies/25296.md) (acquirer)
- [Magnera](https://endata.com/companies/78798.md) (partner)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2024/06/berry-and-glatfelter-announce-additional-regulatory-milestone-in-proposed-transaction-for-spin-off-and-merger-of-berrys-health-hygiene-and-specialties-global-nonwovens-and-films-business-wit/), 2024-06-30: "The transaction will create a leading, publicly-traded company in the specialty materials industry."
- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2024/07/berry-and-glatfelter-announce-new-brand-name-and-identity-in-connection-with-proposed-merger/), 2024-07-24: "Magnera’s purpose is to better the world with new possibilities made real."
- [innovationintextiles.com](https://innovationintextiles.com/magnera-a-new-nonwovens-leader/), 2024-07-25: "Magnera is the new name of the company resulting from the merger of Berry Global’s Health, Hygiene and Specialties business (HH&S) with Glatfelter Corporation, which is expected to be completed before the end of 2024."
- [texdata.com](https://texdata.com/news/Nonwovens-TechnicalTextiles/20795.html), 2024-07-25: "Magnera will leverage a broad platform of 46 global manufacturing facilities, offering its customers innovative solutions more quickly from closer locations and minimizing environmental impact."
- [packaginginsights.com](https://www.packaginginsights.com/news/berry-and-glatfelter-choose-brand-name-for-new-us36b-division-amid-merger-talks.html), 2024-08-01: "Magnera will become a US$3.6 billion company as a result of the deal."

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