Magnera Corporation

Magnera Corporation is a leading global supplier of a diverse portfolio of innovative specialty materials, consisting of organic and synthetic raw ingredients. The company markets its products primarily into stable, consumer-oriented end markets for disposable and durable applications, including wipes, healthcare, adult incontinence, apparel, baby, feminine care, air filtration, and food and beverage. Magnera also provides technical solutions in infrastructure markets. Its customers include global and national brands, private label, and small to mid-sized regional businesses. On November 4, 2024, Treasure Holdco, Inc., a wholly owned subsidiary of Berry Global Group, Inc., merged with Glatfelter Corporation, which subsequently changed its name to Magnera Corporation. Pre-Transaction Treasure shareholders received shares representing 90% of the combined company, while Glatfelter shareholders retained 10%. As Treasure was the accounting acquirer, prior year results reflect standalone Treasure operations. Magnera's operations are organized into two operating and reportable segments: Americas and Rest of World. The Americas segment is the company's largest, accounting for 57% of consolidated net sales. Its Americas operations include 22 manufacturing facilities: 14 in the United States, 3 in Brazil, 2 in Mexico, 2 in Canada, and 1 in Colombia.