SWM and Neenah Introduce Mativ, Inc., a ~$3 Billion Global Leader in Specialty Materials, Formed From the Pending Merger of Equals
Schweitzer-Mauduit International, Inc. (
NYSE: SWM) ("SWM") and Neenah, Inc. (
NYSE: NP) ("Neenah"), two leading global manufacturers of specialty materials, today announced the future name of the combined company upon completing the pending all-stock merger of equals. Each company’s shareholders are scheduled to vote on the transaction on June 29, 2022. The transaction is expected to close on or around July 1, 2022, subject to Neenah and SWM shareholder approval, approval by antitrust authorities in Poland, and other customary closing conditions.
SWM and Neenah Announce Executive Leadership Team and Operational Structure for Combined Company Post Close
Schweitzer-Mauduit International, Inc. (
NYSE: SWM) (“SWM”) and Neenah, Inc. (
NYSE: NP) (“Neenah”), two leading global manufacturers of specialty materials, today announced the future executive leadership team and operating structure for the combined company, effective upon completing their pending merger.
SWM and Neenah to Combine in All-Stock Transaction to Create a ~$3 Billion Global Leader in Specialty Materials
Schweitzer-Mauduit International, Inc. (
NYSE: SWM) (“SWM”) and Neenah, Inc. (
NYSE: NP) (“Neenah”), two leading global manufacturers of specialty materials, today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals with combined revenues of approximately $3 billion, expanded scale and capabilities, and accelerated growth opportunities.
