Neenah, Inc. recently announced a number of operational changes consistent with the Company’s commitment to accelerating growth, strengthening margins, and creating value for customers and shareholders. Actions include: – Investing $13 million in new release liner coating capacity in support of its growing specialty coatings business and the recent ITASA acquisition – Restarting an idled […]
Tag Archives: ITASA
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Apr
Apr
Neenah recently announced that it had completed the previously announced agreement to acquire Global Release Liners, S.L., the parent company of Industrias de Transformacion de Andoain, S.A. (“ITASA”), from Magnum Capital and other minority shareholders. The Company funded the purchase price of approximately €205 million, inclusive of debt extinguishment and subject to customary closing adjustments, […]