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On the Record · Mativ Holdings

Mativ Holdings acquisitions, on the record

The businesses Mativ Holdings 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
Neenah, Inc.
Word for word“On July 6, 2022, Schweitzer-Mauduit International, Inc. ("SWM") completed the merger transaction involving Neenah, Inc. ("Neenah").” 10-K for 2023
mergerOn July 6, 2022—
Engineered Papers business (EP business)
Word for word“On August 1, 2023, the Company entered into a final, binding and irrevocable offer letter (the “Offer Letter”) with Evergreen Hill Enterprise Pte. Ltd., an affiliate of PT Bukit Muria Jaya (“Evergreen Hill Enterprise”) pursuant to which Evergreen Hill Enterprise made a binding offer (the “Offer”) to acquire the Company’s Engineered Papers business ("EP business") for $620.0 million in cash, subject to customary closing date adjustments (the “EP Divestiture”).” 10-K for 2023
agreed divestitureOn August 1, 2023$620.0 million in cash
a portion of the ATM segment serving the industrials end market
Word for word“The assets were sold during the third quarter of 2022 for net proceeds of $4.6 million and a loss of $0.4 million.” 10-K for 2023
divestitureduring the third quarter of 2022net proceeds of $4.6 million
Engineered Papers business
Word for word“We strategically divested our Engineered Papers business in November 2023 for $620.0 million in cash, subject to customary closing date adjustments, moving us away from tobacco-based product markets and freeing up resources to focus on more growth-oriented aspects of our portfolio.” 10-K for 2024
divestitureNovember 2023$620.0 million
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
2016-12-31$0—
2017-12-31$291.7 million$106.2 million
2018-12-31$0—
2019-12-31$0—
2020-12-31$169.3 million$61.2 million
2021-12-31$630.5 million$250.4 million
2022-12-31$462.5 million$215.8 million
2023-12-31$0$16 million
2024-12-31$0—

Deal filings since 2016

Read from Mativ Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. 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.