The acquisition of Glatz and its subsidiaries bolsters Seaman Paper’s longstanding presence in Germany and adds to its global expertise & technological capabilities in the production and converting of specialty paper packaging solutions replacing single-use plastics across the globe.
Jan 7, 2025
Seaman Paper Company, a fourth-generation, family-owned global leader in sustainable paper and packaging solutions with operations in the US, Asia and Europe, has acquired Julius Glatz GmbH, a pioneer in specialty papers based in Neidenfels, Rhineland-Palatinate, Germany.
Founded in 1885, Glatz is a family-owned company and one of the global market leaders in producing high-quality technical specialty products.
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The acquisition of Glatz and its subsidiaries (Julius Glatz GmbH, PaperTec GmbH, and Glatz TransTec GmbH) bolsters Seaman Paper’s longstanding presence in Germany and adds to its global expertise and technological capabilities in the production and converting of specialty paper packaging solutions replacing single-use plastics across the globe.
Terms of the transaction remain confidential.
Glatz’s business divisions and production facilities will continue to operate and will be strategically supported and expanded. The approximately 240 employees of Glatz will join Seaman Paper’s global team. Julius Glatz GmbH will remain a legally independent entity, and the Glatz brand will be preserved to further strengthen its market position globally from its German base. With this acquisition, Seaman Paper complements its existing presence in Rastatt, Germany, acquired in 2015, which employs 40 people specializing in tissue and crepe paper production.
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Kenneth Winterhalter, CEO of Seaman Paper, stated: “We warmly welcome Glatz to the Seaman Paper family. Together, we will strengthen our capabilities in fine and specialty papers, positioning ourselves for long-term success. We are committed to investing in Glatz’s growth in the region, increasing production capacity at the Glatz facilities, and leveraging their technology to develop new product lines and explore new markets.”
This acquisition marks a significant milestone for Seaman Paper. It accelerates the company’s strategic goals while incorporating a robust and fast-growing business. By combining Seaman Paper’s global reach and financial strength with Glatz’s technological expertise and innovative spirit, the partnership creates a solid foundation for sustainable growth.
