Upon completion of merger, SWM, Neenah announce new company name will be Mativ, Inc.
ALPHARETTA, GA, June 21, 2022-
Schweitzer-Mauduit International, Inc.("SWM") and Neenah, Inc. ("Neenah"), two leading global manufacturers of specialty materials, today announced the future name of the combined company upon completing the pending all-stock merger of equals. Each company’s shareholders are scheduled to vote on the transaction on June 29, 2022. The transaction is expected to close on or around July 1, 2022, subject to Neenah and SWM shareholder approval, approval by antitrust authorities in Poland, and other customary closing conditions.
Upon close, the new company name will be Mativ, Inc. (“Mativ”) and its shares will begin trading on the NYSE under the ticker symbol "MATV." The "SWM" and "NP" ticker symbols will be deactivated.
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