Glatfelter Completes Acquisition of German Electrical Papers Producer, SPO

摘要

Glatfelter in October completed the acquisition of Spezialpapierfabrik Oberschmitten GmbH (SPO) for EUR 8.5 million (approximately USD 11 million]. SPO's plant is located near Frankfurt, Germany. Its primary electrical products and applications include highly technical papers for a wide range of capacitors used in consumer and industrial products; insulation papers for cables and transformers; and materials for industrial power inverters, electromagnetic current filters and electric rail traction.