05.01.24
In April, the most-viewed news story on Nonwovens-Industry.com was the announcement that Berry Global Group, Inc. and Glatfelter Corporation achieved a milestone in the proposed transaction involving the combination of the majority of Berry’s Health, Hygiene and Specialties segment to include its Global Nonwovens and Films business (“HHNF”) with Glatfelter, with the expiration of the required waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act.
As announced in February, Berry and Glatfelter entered into a definitive agreement under which Berry will spin-off and merge its HHNF business with Glatfelter in a Reverse Morris Trust transaction. The transaction will create a leading, publicly-traded company in the specialty materials industry and is expected to close in the second half of calendar 2024, subject to approval by Glatfelter shareholders and completion of customary closing conditions.
Meanwhile, Ansell has entered into a binding agreement to acquire 100% of the assets that constitute Kimberly-Clark’s Personal Protective Equipment business (KCPPE) for $640 million.The acquisition is expected to complete by September 2024, subject to the satisfaction of antitrust approval and other customary closing conditions.
Here are the top 10 most-viewed news items on Nonwovens-Industry.com for the month of April.
1. Berry and Glatfelter Announce Key Milestone in Proposed Merger
2. Kimberly-Clark to Sell PPE Business
3. ACI Makes Appointments
4. Kimberly-Clark Introduces Liv by Kotex
5. EDANA Reports 5.7% Reduction in Nonwovens Production
6. Ontex Completes Divestment of Algerian Business
7. Glatfelter Announces Key Roles for New Company
8. Kimberly-Clark Invests in Peru
9. Essity Expands Production Site in Brazil
10. U.K. Government Announces Plastic Wipe Ban
As announced in February, Berry and Glatfelter entered into a definitive agreement under which Berry will spin-off and merge its HHNF business with Glatfelter in a Reverse Morris Trust transaction. The transaction will create a leading, publicly-traded company in the specialty materials industry and is expected to close in the second half of calendar 2024, subject to approval by Glatfelter shareholders and completion of customary closing conditions.
Meanwhile, Ansell has entered into a binding agreement to acquire 100% of the assets that constitute Kimberly-Clark’s Personal Protective Equipment business (KCPPE) for $640 million.The acquisition is expected to complete by September 2024, subject to the satisfaction of antitrust approval and other customary closing conditions.
Here are the top 10 most-viewed news items on Nonwovens-Industry.com for the month of April.
1. Berry and Glatfelter Announce Key Milestone in Proposed Merger
2. Kimberly-Clark to Sell PPE Business
3. ACI Makes Appointments
4. Kimberly-Clark Introduces Liv by Kotex
5. EDANA Reports 5.7% Reduction in Nonwovens Production
6. Ontex Completes Divestment of Algerian Business
7. Glatfelter Announces Key Roles for New Company
8. Kimberly-Clark Invests in Peru
9. Essity Expands Production Site in Brazil
10. U.K. Government Announces Plastic Wipe Ban