---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-250874"
form_type: "8-K"
ticker: "MATV"
cik: "0001000623"
company_name: "Mativ Holdings, Inc."
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T03:44:20.102437+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mativ signs definitive agreement to sell Engineered Papers business for $620M cash

## Summary
- Purchase Agreement countersigned Oct 4, 2023 after French works council consultation completed.
- Base purchase price of $620M in cash, subject to customary closing adjustments for working capital, cash, debt, and transaction expenses.
- Closing subject to regulatory approvals including antitrust clearances in U.S., Poland, and Turkey.
- Transaction expected to close upon satisfaction or waiver of customary closing conditions.
- Proceeds anticipated to be used for debt reduction and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-23-250874
- form_type: 8-K
- ticker: MATV
- cik: 0001000623
- company_name: Mativ Holdings, Inc.
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000623/000119312523250874/0001193125-23-250874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000623/000119312523250874/d537518d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-250874
- JSON: https://secwatch.observer/filing/0001193125-23-250874.json
- Plain text: https://secwatch.observer/filing/0001193125-23-250874.txt

## Key facts
- Material Agreements
  Mativ Holdings, Inc. entered into Purchase Agreement with Evergreen Hill Enterprise Pte. Ltd., an affiliate of PT Bukit Muria Jaya valued at $620 million (effective 2023-08-01).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Evergreen Hill Enterprise Pte. Ltd., an affiliate of PT Bukit Muria Jaya
  - Value: $620 million
  - Effective: 2023-08-01
  source text: On August 1, 2023, Mativ Holdings, Inc. (“Mativ” or the “Company”) entered into a final, binding and irrevocable offer letter (the “Offer Letter”) with Evergreen Hill Enterprise Pte. Ltd., an affiliate of PT Bukit Muria Jaya (“Buyer”) pursuant to which Buyer made a binding offer (the “Offer”) to acquire the Company’s Engineered Papers business for $620 million in cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000623/000119312523250874/0001193125-23-250874-index.htm

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