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On the Record · Magnera

Magnera acquisitions, on the record

The businesses Magnera bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Georgia-Pacific Mt. Holly LLC, Georgia-Pacific's U.S. nonwovens business ("Mount Holly")
Word for word“On May 13, 2021, we completed the acquisition of all the outstanding equity interests of Georgia-Pacific Mt. Holly LLC, Georgia-Pacific's U.S. nonwovens business ("Mount Holly"), for $170.9 million.” 10-K for 2022
acquisitionMay 13, 2021$170.9 million
PMM Holding (Luxembourg) AG, and its wholly-owned subsidiaries ("Jacob Holm")
Word for word“On October 29, 2021, we completed the acquisition of PMM Holding (Luxembourg) AG, and its wholly-owned subsidiaries ("Jacob Holm"), a global leading manufacturer of premium quality spunlace nonwoven fabrics for critical cleaning, high-performance materials, personal care, hygiene and medical applications, for an enterprise value of approximately $304.0 million, including the extinguishment of debt.” 10-K for 2022
acquisitionOctober 29, 2021enterprise value of approximately $304.0 million, including the extinguishment of debt
Specialty Papers business
Word for word“We completed the sale of our Specialty Papers business on October 31, 2018.” 10-K for 2022
divestitureOctober 31, 2018—
Georgia-Pacific Mt. Holly LLC (Mount Holly), Georgia-Pacific's U.S. nonwovens business
Word for word“On May 13, 2021, we completed the acquisition of all the outstanding equity interests of Georgia-Pacific Mt. Holly LLC, Georgia-Pacific’s U.S. nonwovens business (“Mount Holly”), for $170.9 million.” 10-K for 2023
acquisitionMay 13, 2021$170.9 million
Ober-Schmitten, Germany operations
Word for word“During 2023, we divested our Ober-Schmitten, Germany and Costa Rica operations both part of the Composite Fibers segment.” 10-K for 2023
divestitureDuring 2023—
Costa Rica operations
Word for word“During 2023, we divested our Ober-Schmitten, Germany and Costa Rica operations both part of the Composite Fibers segment.” 10-K for 2023
divestitureDuring 2023—
Specialty Papers business, sold to Pixelle Specialty Solutions LLC
Word for word“In 2018, we completed the sale of the Specialty Papers business on a cash free and debt free basis to Pixelle Specialty Solutions LLC, an affiliate of Lindsay Goldberg (the “Purchaser”) for $ 360 million.” 10-K for 2023
divestitureIn 2018$ 360 million
Berry Global Group, Inc. Health, Hygiene and Specialties segment, Global Nonwovens and Films business (HHNF)
Word for word“On February 6, 2024, we entered into certain definitive agreements with Berry Global Group, Inc. (“Berry”) for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment including its Global Nonwovens and Films business (“HHNF”) with Glatfelter (the “Merger”).” 10-K for 2023
mergerFebruary 6, 2024—
Glatfelter Corporation
Word for word“On November 4, 2024 , Treasure, which was a wholly owned subsidiary of Berry, completed the Transaction with Glatfelter, which concurrently changed its name to Magnera.” 10-K for 2025
mergerOn November 4, 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2018-12-31$178.9 million—
2019-12-31$1.4 million—
2020-12-31$0—
2021-12-31$464.9 million$84.6 million
2022-12-31−$1.4 million—
2023-12-31$0—
2025-09-27—$36 million

Deal filings since 2016

Read from Magnera’s annual reports (10-K for 2025, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-11-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.