---
schema_version: "secwatch.filing_event.v1"
accession: "0000041719-23-000022"
form_type: "8-K"
ticker: "MAGN"
cik: "0000041719"
company_name: "Magnera Corp"
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:56:14.390148+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Glatfelter closes Ober-Schmitten, Germany facility; ~180 employees affected

## Summary
- Closure of Composite Fibers segment facility due to ongoing losses in electrical and glassine specialty papers.
- CEO Fahnemann cites escalating energy, raw material and labor inflation, and loss of business after price increases.
- Company unable to estimate total costs; will file amended 8-K within four business days.
- About 180 employees; negotiations with Works Council on social plan begin immediately.
- Attempts to sell the facility were unsuccessful; no buyer found.

## SEC filing metadata
- accession: 0000041719-23-000022
- form_type: 8-K
- ticker: MAGN
- cik: 0000041719
- company_name: Magnera Corp
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/41719/000004171923000022/0000041719-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/41719/000004171923000022/glt-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000041719-23-000022
- JSON: https://secwatch.observer/filing/0000041719-23-000022.json
- Plain text: https://secwatch.observer/filing/0000041719-23-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.