02 Nov Glatfelter partners with M&A specialists BTD to support integration of $185m acquisition of Georgia-Pacific’s European nonwovens business
17/10/2018 LONDON: Beyond the Deal (BTD) a global M&A and integration advisory and services firm today announced it has once again partnered with Glatfelter (NYSE: GLT), a global supplier of specialty papers and engineered materials, to ensure the successful post-merger integration of Georgia-Pacific’s European nonwovens business which was acquired on October 1st 2018 for US $185 million.
BTD and Glatfelter have enjoyed a long-standing partnership, working together on multiple acquisitions since 2006. Glatfelter partnered with BTD to help plan and prepare for the post-deal integration of Georgia-Pacific’s operations located in Steinfurt, Germany and sales offices located in France and Italy.
Sam Hillard, Glatfelter’s Vice President, Corporate Development & Strategy, commented, “The BTD team did a great job for us on this deal; the help with Day 1 and integration planning was very valuable and we, as always, appreciate their thoughtful support and partnership.”
BTD has been retained to continue the detailed planning and execution support for integration beyond Day 1.
Carlos Keener, founding Partner of BTD, added, “Glatfelter has always recognised the role of post-close integration in delivering and sustaining the opportunity an acquisition brings to increase enterprise value. We are very pleased to be working with them again to achieve their deal objectives and look forward to supporting their inorganic growth in the future.”
BTD is a specialist M&A and integration advisory and services firm, established in 2001. With offices in London, Frankfurt and Hong Kong, it supports businesses across the globe looking to improve their M&A performance.