M&A Deal Summary

Glatfelter Acquires Jacob Holm

On July 22, 2021, Glatfelter acquired apparel/textiles company Jacob Holm for 308M USD

Acquisition Highlights
  • This is Glatfelter’s 1st transaction in the Apparel/Textiles sector.
  • This is Glatfelter’s largest (disclosed) transaction.
  • This is Glatfelter’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2021-07-22
Target Jacob Holm
Sector Apparel/Textiles
Buyer(s) Glatfelter
Deal Type Add-on Acquisition
Deal Value 308M USD

Target

Jacob Holm

Basel, Switzerland
Jacob Holm is a manufacturer of premium quality spun lace nonwoven fabrics for critical cleaning, high-performance materials, personal care, hygiene, and medical applications. Jacob Holm was founded in 1794 and is based in Basel, Switzerland.

Search 198,242 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Glatfelter

Charlotte, North Carolina, United States
Category Company
Founded 1864
Sector Forest Products
Employees2,916
Revenue 1.4B USD (2023)
DESCRIPTION

Glatfelter is a provider of specialty papers and fiber-based engineered materials. Glatfelter was founded in 1864 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 8 of 8
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Switzerland) 1 of 1
Year (2021) 2 of 2
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 Georgia-Pacific - Nonwovens Business

Mt. Holly, North Carolina, United States

Georgia-Pacific's Nonwovens Business comprises an air-laid manufacturing business and an R&D pilot line for nonwovens product development in Memphis, Tennessee, which collectively employ approximately 150 people. The Mount Holly facility has a capacity of 37,000 metric tons and produces high-quality airlaid products focused on wipes and tabletop materials. The R&D pilot line and additional technical resources will enhance ongoing innovation efforts.

Buy $175M
Mergr

Product

Company

Legal