SCHWEITZER-MAUDUIT INTERNATIONAL, INC. (NYSE:SWM) Files An 8-K Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets.
“Company” or “SWM”) filed a Current Report on Form 8-K (the
“8-K”) to report its acquisition of Conwed Plastics, LLC and
Subsidiaries (“Conwed”). The purpose of this amendment to the
Form 8-K is to include the historical and unaudited pro forma
condensed consolidated and combined financial statements required
by Items 9.01(a) and 9.01(b) of Form 8-K that were excluded from
the 8-K in reliance on the instructions to such items.
being furnished and, as a result, such information shall not be
deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or
otherwise subject to the liabilities of that section, nor shall
such information be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the
Exchange Act, regardless of any general incorporation language in
such filing.
LLC and Subsidiaries as of December 31, 2015 and for the year
then ended are filed as Exhibit 99.1 and incorporated herein by
reference.
Conwed Plastics, LLC and Subsidiaries as of September 30, 2016
and for the nine months ended September 30, 2016 and 2015 are
filed as Exhibit 99.3 and incorporated herein by reference.
September 30, 2016 and the unaudited pro forma condensed combined
statements of income for the nine months ended September 30, 2016
and for the year ended December 31, 2015, and the accompanying
notes, are attached as Exhibit 99.2 to this Form 8-K/A.>
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Exhibit Number
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Description of Exhibit
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23.1
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Consent of PricewaterhouseCoopers LLP
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99.1
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Conwed Plastics, LLC and Subsidiaries Consolidated
Financial Statements as of December 31, 2015 and for the year then ended. |
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99.2
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Unaudited pro forma condensed combined balance sheet as
of September 30, 2016 and the unaudited pro forma condensed combined statements of income for the nine months ended September 30, 2016 and year ended December 31, 2015, and the accompanying notes. |
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99.3
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Unaudited financial statements of Conwed Plastics, LLC
and Subsidiaries as of and for the nine months ended September 30, 2016 and 2015, and the accompanying notes. |
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About SCHWEITZER-MAUDUIT INTERNATIONAL, INC. (NYSE:SWM)
Schweitzer-Mauduit International, Inc. is a producer of specialty papers and resin-based products. The Company manufactures and sells lightweight specialty papers, which are used in manufacturing ventilated cigarettes, reconstituted tobacco used in producing blended cigarettes and banded papers used in the production of lower ignition propensity (LIP) cigarettes. The Company operates through two segments: Engineered Papers, and Advanced Materials and Structures. Its Engineered Papers segment produces both tobacco-related papers and non-tobacco-related papers. The Company’s tobacco-related papers include various porous papers used to wrap parts of a cigarette, such as tobacco column and filter, and reconstituted tobacco leaf (RTL), which is blended with virgin tobacco in a cigarette. It manufactures and sells a range of engineered resin-based, rolled goods, such as films, nets, foams and other non-wovens. The Company operates approximately 20 production locations. SCHWEITZER-MAUDUIT INTERNATIONAL, INC. (NYSE:SWM) Recent Trading Information
SCHWEITZER-MAUDUIT INTERNATIONAL, INC. (NYSE:SWM) closed its last trading session up +0.36 at 41.34 with 73,951 shares trading hands.
