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: CEO of Mativ
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 […]