Glatfelter Corp.’s DKK 2 Billion Acquisition of Jacob Holm & Sønner

Accura advised Mikkelsen family in connection with the transaction. Homburger advised Glatfelter. Shearman & Sterling advised Glatfelter.

The Danish company Jacob Holm & Sønner has been sold to Glatfelter Corp. for just under DKK 2 billion. The sellers are Poul Martin Mikkelsen and his son Martin Mikkelsen, the CEO of the company.

Jacob Holm & Sønner is the world’s second largest manufacturer of advanced fiber-based sustainable solutions and spunlace non-woven fabrics used for the manufacturing of sanitary pads, wet wipes, etc. The company has roots back to 1794 and has tripled in size over the last 6 years.

Glatfelter Corp. is a leading global supplier of engineered materials. The company is listed on NYSE in New York.

The Accura team included Thomas Weincke (Picture), Alan Pai, Martin Frank Madsen, Daniel Fisker Tomczyk, Victoria Forsberg and Sara
Lindenskov.

The Homburger team was led by partners Daniel Hasler and Daniel Häusermann and included lead associate Angela Oppliger (Corporate / M&A), associates Patrick Schmidt (Corporate / M&A), Gabriel Kasper (IP / IT), Andrea Heiniger (Employment and Executive Compensation), Yves Bianchi and Ramin Silvan Gohari (both Competition), as well as junior associates Tanja Niederer and Magdalena Stock.

Shearman & Sterling advised Glatfelter with Clare O’Brien, Daniel Litowitz, Lara Aryani, Olivier Souleres, Lavelle Simmons, Jordan Altman, Ryan Bray, John J. Cannon, Jessica K. Delbaum, Jonathan (JD) Desantis, Kris Ferranti, Ben Gris, Guillaume Isautier, Matthew Readings, Jonathan Cheng, Jason Pratt, Alicia Bello, Melisa Brower, Marion Bruère, Gabriella Griggs, Sam Jolly, Ryan Leske, Cristiana Modesti, Edward Rarity, Sophie Zander, ake Shaughnessy, Arshia Asif, Matthew Brown, Helen McKinney and Maeve Wilson.

Involved fees earner: Daniel Fisker Tomczyk – Accura; Victoria Forsberg – Accura; Sara Lindenskov – Accura; Martin Frank Madsen – Accura; Alan Pai – Accura; Thomas Weincke – Accura; Yves Bianchi – Homburger; Ramin Silvan Gohari – Homburger; Daniel Hasler – Homburger; Daniel Häusermann – Homburger; Andrea Heiniger – Homburger; Gabriel Kasper – Homburger; Tanja Niederer – Homburger; Angela Oppliger – Homburger; Patrick Schmidt – Homburger; Magdalena Stock – Homburger; Jordan Altman – Shearman & Sterling; Lara Aryani – Shearman & Sterling; Alicia Bello – Shearman & Sterling; Ryan Bray – Shearman & Sterling; Melisa Brower – Shearman & Sterling; Marion Bruère – Shearman & Sterling; John Cannon III – Shearman & Sterling; Jonathan Cheng – Shearman & Sterling; Jessica Delbaum – Shearman & Sterling; Jonathan DeSantis – Shearman & Sterling; Kris Ferranti – Shearman & Sterling; Gabriella Griggs – Shearman & Sterling; Ben Gris – Shearman & Sterling; Guillaume Isautier – Shearman & Sterling; Sam Jolly – Shearman & Sterling; Ryan Leske – Shearman & Sterling; Daniel Litowitz – Shearman & Sterling; Cristiana Modesti – Shearman & Sterling; Clare O’Brien – Shearman & Sterling; Jason Pratt – Shearman & Sterling; Edward Rarity – Shearman & Sterling; Matthew Readings – Shearman & Sterling; Lavelle Simmons – Shearman & Sterling; Olivier Souleres – Shearman & Sterling; Sophie Zander – Shearman & Sterling;

Law Firms: Accura; Homburger; Shearman & Sterling;

Clients: Martin Mikkelsen; P.H. Glatfelter Co; Poul Martin Mikkelsen;

Author: Federica Tiefenthaler