Add-on Acquisition • Apparel/Textiles

Magnera Acquires Jacob Holm

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

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

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M&A Deal Summary

Date July 22, 2021
Target Jacob Holm
Sector Apparel/Textiles
Buyer(s) Magnera
Deal Type Add-on Acquisition
Deal Value 308M USD

Target Company

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.
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Buyer Overview 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 Context for Buyer #
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