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Glatfelter Corporation Announces Closure of its German Facility

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Glatfelter Corporation has announced the closing of its Ober-Schmitten, Germany facility, which is part of its composite fibers segment. May 31, 2023  Glatfelter Corporation has announced the closing of its Ober-Schmitten, Germany, facility due to the ongoing financial underperformance of the electrical and glassine specialty papers manufactured at the site.......
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Georgia-Pacific Announces Sale of Nonwovens Business to Glatfelter

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Georgia-Pacific sold Steinfurt GmbH, the company’s European nonwovens business, to Glatfelter for USD 185 million in 2018. January 6, 2021 Georgia-Pacific LLC announced that it has reached an agreement to sell their nonwovens business to Glatfelter, a leading global supplier of engineered materials, headquartered in Charlotte, North Carolina for USD......
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Glatfelter to Divest Specialty Papers Business to Lindsay Goldberg for USD 360 Million

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The sale price includes approximately USD 320 million of cash proceeds and the assumption by the Purchaser of approximately USD 40 million of retiree healthcare liabilities. August 22, 2018 Glatfelter on August 21 announced it has entered into a definitive agreement to sell its Specialty Papers Business Unit (“SPBU”) on......

Glatfelter to Acquire Dresden Papier for EUR 160 Million

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March 14, 2013 Glatfelter, a global manufacturer of specialty papers and fiber-based engineered materials, announced it has signed a definitive agreement to purchase Dresden Papier GmbH from Fortress Paper Ltd. for EUR 160 million. Dresden Papier, based in Heidenau (near Dresden), Germany, is the leading global supplier of nonwoven wallpaper......