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Industry | 2010.01.05

Glatfelter to Acquire Airlaid Non-Wovens Manufacturer Concert Industries Corp.

YORK, Pa.--(BUSINESS WIRE)--Glatfelter (NYSE: GLT), a global manufacturer of specialty papers and engineered paper products, today announced that it has signed a definitive agreement to purchase Concert Industries Corp. (“Concert”) from Brookfield Special Situations Management Limited, an affiliate of Brookfield Asset Management Inc. (NYSE:BAM) for Canadian $246.5 million (U.S.$235 million). Concert is a leading global supplier of highly absorbent cellulose-based airlaid non-woven ma

 

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