Seaman Paper a fourth-generation family-owned company producing sustainable paper and packaging solutions with operations in the US, Asia, and Europe, has acquired Julius Glatz, a German company (also family-owned) active in the global market for high-quality technical specialty products and special papers, based in Neidenfels, Rhineland-Palatinate. The acquisition of Glatz and its subsidiaries (Julius Glatz, PaperTec, and Glatz TransTec) strengthens Seaman Paper’s presence in Germany and enhances its technological know-how. The terms of the transaction were not disclosed.
Glatz’s business divisions and production facilities will continue to operate and will be strategically supported and expanded. The approximately 240 employees of Glatz will join Seaman Paper’s global team. Julius Glatz will remain a legally independent entity, and the Glatz brand will be preserved to further strengthen its market position globally from its German base. With this acquisition, Seaman Paper integrates its existing presence in Rastatt, Germany, acquired in 2015, which employs 40 people specialized in the production of tissue and crepe paper.
“Glatz has been a trusted partner of Seaman Paper for many years, and as family-owned companies, we share the same core values,” says Kenneth Winterhalter, CEO of Seaman Paper. “This acquisition is the next natural step to deepen our collaboration and embark on an exciting new chapter together. We are inspired by the talent and technological expertise of the Glatz team, whose cutting-edge innovations and invaluable expertise will not only support and grow the traditional business but also enhance our growing portfolio of sustainable fiber-based solutions. We warmly welcome Glatz to the Seaman Paper family. Together, we will strengthen our capabilities in fine and specialty papers, positioning ourselves for long-term success. We are committed to investing in Glatz’s growth in the region, increasing production capacity at Glatz’s mills, and leveraging their technology to develop new product lines and explore new markets.”
In fact, this acquisition marks a significant step for Seaman Paper, accelerating its strategic objectives while simultaneously integrating a solid and rapidly growing business. Combining Seaman Paper’s global reach and financial strength with Glatz’s technological expertise and innovative spirit, the partnership creates a strong foundation for sustainable growth.