M&A Deal Summary

Magnera Acquires Georgia-Pacific Steinfurt

On June 19, 2018, Magnera acquired forest products company Georgia-Pacific Steinfurt from Georgia-Pacific for 185M USD

Acquisition Highlights
  • This is Magnera’s 5th transaction in the Forest Products sector.
  • This is Magnera’s 3rd largest (disclosed) transaction.
  • This is Magnera’s 3rd transaction in Germany.

M&A Deal Summary

Date 2018-06-19
Target Georgia-Pacific Steinfurt
Sector Forest Products
Buyer(s) Magnera
Sellers(s) Georgia-Pacific
Deal Type Divestiture
Deal Value 185M USD

Target

Georgia-Pacific Steinfurt

Steinfurt, Germany
Georgia-Pacific Steinfurt GmbH is a producer of an airlaid nonwoven material for commercial customers used to make table top, wiping, food pads, hygiene and related products. Georgia-Pacific Steinfurt is based in Steinfurt, Germany.

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Buyer(S) 1

Buyer

Magnera

Charlotte, North Carolina, United States

Category Company
Sector Forest Products
Employees2,916
Revenue 1.4B USD (2023)
DESCRIPTION

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


DEAL STATS #
Overall 6 of 8
Sector: Forest Products M&A 5 of 6
Type: Divestiture M&A Deals 4 of 5
Country: Germany M&A 3 of 3
Year: 2018 M&A 1 of 1
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 Spezialpapierfabrik Oberschmitten

Nidda,, Germany

Spezialpapierfabrik Oberschmitten GmbH is primary engaged in electrical products and applications include highly technical papers for a wide range of capacitors used in consumer and industrial products; insulation papers for cables and transformers; and materials for industrial power inverters, electromagnetic current filters and electric rail traction. SPO also produces glassine products, which are used in cosmetics packaging, food packaging, and pharmaceutical dosage bags.

Buy €9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-31 Pixelle Specialty Solutions

Spring Grove, Pennsylvania, United States

Pixelle Specialty Solutions is a provider of specialty papers and engineered materials, offering innovation, world-class service and over a century and a half of technical expertise. Pixelle Specialty Solutions was founded in 2018 and is based in Spring Grove, Pennsylvania.

Sell $360M

Seller(S) 1

SELLER

Georgia-Pacific

Atlanta, Georgia, United States

Category Company
Founded 1927
Sector Forest Products
DESCRIPTION
Georgia-Pacific's corporate headquarters in downtown Atlanta, Georgia.
Georgia-Pacific's corporate headquarters in downtown Atlanta, Georgia.

Georgia-Pacific is a manufacturer of tissue, pulp, paper, packaging, building products and related chemicals.


DEAL STATS #
Overall 9 of 13
Sector: Forest Products M&A 3 of 6
Type: Divestiture M&A Deals 9 of 13
Country: Germany M&A 1 of 1
Year: 2018 M&A 1 of 1
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-29 Georgia-Pacific - Paper Chemicals Business

Atlanta, Georgia, United States

Georgia-Pacific LLC - Paper Chemicals Business supplies differentiated products and applications that provide strength, softness and durability to paper. These products and applications will enhance Ecolab’s position in the growing Tissue and Towel, as well as the Packaging and Board segments of the paper industry.

Sell -
FOLLOWING 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.

Sell $175M