Mativ Holdings, Inc. announced today that it has completed the sale of its Engineered Papers business to Evergreen Hill Enterprise, Pte. Ltd. Julie Schertell, CEO of Mativ, commented, “We are very pleased with the completion of the sale of Engineered Papers. They have a great team and strategy in place for a successful future. For […]
Tag Archives: Julie Schertell
04
Aug
Aug
Mativ Holdings recently announced that it has received a binding offer from Evergreen Hill Enterprise, Pte. Ltd., to acquire Mativ’s Engineered Papers business (“EP”), part of Mativ’s Fiber Based Solutions reporting segment, for $620 million. Subject to customary closing date adjustments, Mativ expects to receive net proceeds (net of taxes and other items) of approximately […]
21
Jun
Jun
Schweitzer-Mauduit International, Inc. and Neenah, Inc. , two leading global manufacturers of specialty materials, today announced the future name of the combined company upon completing the pending all-stock merger of equals. Each company’s shareholders are scheduled to vote on the transaction on June 29, 2022. The transaction is expected to close on or around July […]
10
Jun
Jun
Schweitzer-Mauduit International and Neenah, Inc., two leading global manufacturers of specialty materials, today announced the future executive leadership team and operating structure for the combined company, effective upon completing their pending merger. As previously announced, Julie Schertell, President and Chief Executive Officer of Neenah, will serve as President, Chief Executive Officer, and a member of […]
21
Jul
Jul
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 […]
08
Jul
Jul
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 […]