Industry News

Neenah to Grow Product Platforms with Its $120 Million Acquisition of FiberMark

Deal is expected to close July 31

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By: Catherine Diamon

Director, Executive Internal Communications, GAF

Neenah Paper announced it has signed a definitive agreement to purchase all of the outstanding equity of ASP FiberMark from an affiliate of American Securities for $120 million. With annual sales of over $160 million, FiberMark is a specialty coating and finishing company with a strong presence in luxury packaging and overlapping technical product categories. The company sells globally from six production facilities in the U.S., and one in the United Kingdom. “FiberMark is well known in the m...

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