M&A Deal Summary

Mativ Holdings Acquires Neenah

On March 28, 2022, Mativ Holdings acquired forest products company Neenah

Acquisition Highlights
  • This is Mativ Holdings’ 2nd transaction in the Forest Products sector.
  • This is Mativ Holdings’ 5th transaction in the United States.
  • This is Mativ Holdings’ 1st transaction in Georgia.

M&A Deal Summary
Date 2022-03-28
Target Neenah
Sector Forest Products
Buyer(s) Mativ Holdings
Deal Type Merger
Advisor(s) Perella Weinberg Partners (Financial)
Bryan Cave Leighton Paisner LLP
Cravath, Swaine & Moore (Legal)

Target

Neenah

Alpharetta, Georgia, United States
Entrance to Neenah Paper's corporate headquarters in Alpharetta, Georgia.
Entrance to Neenah Paper's corporate headquarters in Alpharetta, Georgia.
Neenah is a specialty materials company specialized in performance substrates used for tapes, labels, and other products, and premium printing and packaging papers. Neenah is organized into two primary businesses: a specialty, performance-based, technical products business and a premium fine papers business. The Company's technical products business is an international producer of transportation and other filter media and durable, saturated, and coated substrates for industrial products backings and a variety of other end markets. Neenah's technical products manufacturing facilities are located in Munising, Michigan, near Munich and Frankfurt, Germany. Neenah's fine paper business is a supplier of premium writing, text and cover papers, bright papers, and specialty papers in North America. Neenah's premium writing, text, cover, and specialty papers are used in commercial printing and imaging applications for corporate identity packages, invitations, personal stationery, and corporate annual reports, as well as premium labels and luxury packaging. Neenah was founded in 2004 and is based in Alpharetta, Georgia.

Search 200,500 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

Mativ Holdings

Alpharetta, Georgia, United States
Category Company
Founded 1995
Sector Forest Products
Employees5,400
Revenue 2.0B USD (2023)
DESCRIPTION

Mativ Holdings is a diversified producer of premium specialty papers and the a supplier of fine papers to the tobacco industry. It also manufactures specialty papers for use in alkaline batteries, vacuum cleaner bags, overlay products, business forms and printing and packaging applications. Schweitzer-Mauduit and its subsidiaries conduct business in over 90 countries and employ 3,600 people worldwide, with operations in the United States, France, Brazil, Indonesia and Canada. Mativ Holdings was founded in 1995 and is based in Alpharetta, Georgia

DEAL STATS #
Overall 7 of 7
Sector (Forest Products) 2 of 2
Type (Merger) 1 of 1
State (Georgia) 1 of 1
Country (United States) 5 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-27 Scapa

Ashton-Under-Lyne, United Kingdom

Scapa is a global supplier of bonding solutions and manufacturer of adhesive-based products for the Healthcare and Industrial markets. Scapa has a global footprint, with production sites in Asia, Europe, and the US. Company worldwide service and supply chain capabilities place us in an excellent position to partner with global customers. Scapa is focused on sustainable growth and innovation, improving the solutions for customers by applying our knowledge and expertise in advanced material technology and process solutions. Scapa was founded in 1927 and is based in Ashton-Under-Lyne, the United Kingdom.

Buy £403M
Mergr

Product

Company

Legal