logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Glatfelter Completes Acquisition Of Jacob Holm

Oct 29, 2021•about 4 years ago

Acquiring Company

Glatfelter

Acquired Company

Jacob Holm

PennsylvaniaManufacturing

Description

Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today announced it has completed the previously disclosed acquisition of Jacob Holm for aggregate consideration of approximately $302 million including the extinguishment of Jacob Holm’s existing debt and other adjustments. This transaction was funded through a new $500 million senior unsecured notes issuance.

Company Information

Company

Glatfelter

Location

Pennsylvania, United States

About

Glatfelter Corporation (NYSE: GLT) is a global supplier specializing in engineered materials that can be found in everyday products. Through the growth of its business, customer focus, and strategic acquisitions, Glatfelter has become an innovative and diversified global supplier.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed