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News Aug 22, 2018

Glatfelter Sells Specialty Paper Business to Lindsay Goldberg

Shearman & Sterling advised P.H Glatfelter Company, a global supplier of specialty papers and engineered materials, on the $360 million sale of its Specialty Papers business unit to Lindsay Goldberg, a private equity firm. The divestiture serves to aid Glatfelter as it transforms into a leading global engineered materials company, focused on accelerating the growth potential of its Composite Fibers and Advanced Airlaid Materials business units. 

Glatfelter, headquartered in York, Pennsylvania, is a global supplier of specialty papers and engineered materials with approximately 4,200 employees and customers in over 100 countries. 

Lindsay Goldberg is a New York City private investment firm that focuses on partnering with families, founders and long-term oriented management teams seeking to actively build their businesses. 

The Shearman & Sterling team below was supported by associate Allen Mack (New York-General Practice).

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