US group buys tradition of tradition in Neidenfels: what now?

US group buys tradition of tradition in Neidenfels: what now?

A traditional paper factory in the heart of Rhineland-Palatinate was taken over by a US group. The Julius Glatz GmbH in Neidenfels, which Was founded in 1885, is now part of the Seaman paper group, a company based in Gardner, Massachusetts. This takeover brings with it both changes and continuity, since both the brand and the various production locations are preserved. The approximately 240 employees can breathe a sigh of relief, because according to Nina Ritter-Schreischl, the previous managing director, there is no job at risk: "Nobody has to be afraid for their workplace."

integration into a global group

The Seaman paper group, which is already operating a location in Rastatt, Baden-Württemberg, is planning to expand Julius Glatz GmbH as the largest production location in Europe. With the takeover, the company not only secures the famous brand, but also the many years of experience of employees in the production of fine papers and special papers. These highly qualified specialists enable the company to continue to offer their products at the highest level of quality and to react flexibly to the challenges of the market. According to glatz.de the takeover is part of the strategic expansion to meet international requirements.

The paper mill has established itself as a reliable partner for over 135 years of its existence. The integration into the US group could offer Glatz GmbH the necessary resources in order to remain competitive in the future. The GmbH, which is known for its tailor -made solutions and innovations in paper production, remains legally independent of what the employees and the great fan base provides security.