Berry global and glatfelter announce plans for tax-free spin-off and merger of berry's health, hygiene and specialties global nonwovens and films business with glatfelter, creating a global specialty materials leader

Evansville, ind. & charlotte, n.c.--(business wire)--berry global group, inc. (nyse:bery) and glatfelter corporation (nyse:glt) announced today they have entered into definitive agreements for berry to spin-off and merge the majority of its health, hygiene and specialties segment to include its global nonwovens and films business (“hhnf”) with glatfelter, to create a leading, publicly-traded company in the specialty materials industry. the boards of directors of berry and glatfelter have unanim.
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