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Weekly Recap: SWM, Neenah Agree to Merger, Angelini Industries Takes Full Ownership of Fameccanica

The most viewed news on our site for the week ended April 2, 2022.

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By: Lianna Albrizio

Associate Editor

Here’s your weekly recap—the most viewed news stories on our site for the week ended April 2, 2022.
 
Global specialty materials manufacturers Schweitzer-Mauduit International, Inc. (SWM International) and Neenah, Inc. have entered into a definitive agreement to combine in an all-stock merger of equals with combined revenues of approximately $3 billion, expanded scale and capabilities and accelerated growth opportunities.
 
The combined company will capitalize on powerful megatrends with strong positions in large, growing categories including filtration, healthcare & wellness, protective & adhesive solutions, industrial solutions, and packaging & specialty paper.
 
In other news, Angelini Industries, a multi-business Italian industrial group which operates in 26 countries with 5700 employees, has signed an agreement with Procter & Gamble to buy 50% of Fameccanica, which until now was a 50/50 joint venture between the two companies. The deal will give Angelini Industries 100% ownership of the international company which specializes in automation and robotics for the consumer goods industry.
 
The agreement aims to consolidate Angelini Industries’ pursuit of growth and diversification as it becomes increasingly active in the field of industrial technology. 
 
Here are our top 3 most viewed stories from the past week:
 
 
 

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