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Materials M&A image Materials M&A » By The Online Investor Staff, updated Tue., Jul. 7, 12:27 PM Recent mergers and acquisitions in the Materials M&A category.

Slide #55. Glatfelter Dresden Papier GmbH

Acquirer: Glatfelter (NYSE:GLT)
Acquiree: Dresden Papier GmbH
Details: Glatfelter (NYSE:GLT) announced today that it completed the previously announced acquisition of Dresden Papier GmbH from Fortress Paper Ltd. (TSE: FTP) for 160 million (U.S. $210 million) subject to a post-closing working capital adjustment.

P. H. Glatfelter is a global supplier of engineered materials for consumer and industrial applications. Co. manages its business in the following business segments: Composite Fibers, which serves customers globally and focuses on products in the following markets, Food and Beverage, Wallcover, Technical Specialties, Metallized products, and Composite Laminates; and Airlaid Materials, which is a global supplier of absorbent cellulose-based airlaid nonwoven materials primarily used to manufacture consumer products, and the markets served by Airlaid Materials, including feminine hygiene, specialty wipes, table top, adult incontinence, home care, and other consumer products.

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Company Name: 
PH Glatfelter Co
Stock buyback: 
GLT buyback
Website: 
www.glatfelter.com
Sector: 
Paper & Forest Products
Number of ETFs Holding GLT: 
39
Total Market Value Held by ETFs: 
$150.20M
Total Market Capitalization: 
$695.00M
% of Market Cap. Held by ETFs: 
21.61%
 

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