Add-on Acquisition • Forest Products

Seaman Paper Acquires Julius Glatz

On December 17, 2024, Seaman Paper acquired forest products company Julius Glatz

Acquisition Context
  • This is Seaman Paper’s 1st transaction in the Forest Products sector.
  • This is Seaman Paper’s 1st transaction in Germany.

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M&A Deal Summary

Date December 17, 2024
Target Julius Glatz
Sector Forest Products
Buyer(s) Seaman Paper
Deal Type Add-on Acquisition

Target Company

Julius Glatz

Neidenfels, Germany
Julius Glatz specializes in producing high-quality specialty papers and packaging solutions. Julius Glatz was founded in 1885 and is based in Neidenfels, Germany.
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Buyer Overview 1

Buyer

Seaman Paper

Gardner, Massachusetts, United States

Category Company
Founded 1945
Sector Forest Products
DESCRIPTION

Seaman Paper is a privately owned paper manufacturer operating two paper machines with a capacity of 100 tons per day. With addition of converting and printing capabilities, Seaman was able to develop its branded Satin Wrap line of retail packaging tissue which is sold to specialty retailers. Seaman Paper was founded in 1945 and is based in Gardner, Massachusetts.


Deal Context for Buyer #
Overall 1 of 1
Sector: Forest Products 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Germany 1 of 1
Year: 2024 1 of 1