Magnera Corporation

Magnera Corporation is a global leader in engineered specialty materials headquartered in Charlotte, North Carolina, USA. Formed in November 2024 through the merger of Glatfelter Corporation (est. 1864) and Berry Global's HHNF division, with combined annual revenue of $3.6 billion (2025 est.), the company operates 46 manufacturing facilities across 18 countries employing 8,500+ people. Listed on NYSE: MAGN.

Core Business

Magnera represents the union of Glatfelter's 160-year legacy in specialty papers and airlaid nonwovens with Berry Global's Health, Hygiene and Nonwovens division, creating a global engineered materials powerhouse. The company is the world's #1 producer of airlaid nonwoven materials and a top manufacturer of composite fibers, spunlace fabrics, and specialty paper substrates. Magnera's products serve mission-critical applications across hygiene (diapers, feminine care), healthcare (surgical drapes, wound care), filtration (air, liquid, industrial), food & beverage (tea bags, coffee filters), and building products. The company holds 300+ proprietary formulations and active patents developed over 160+ years of materials science expertise.

Global Presence

With 46 manufacturing facilities across 18 countries spanning North America, Europe, Asia, and South America, Magnera provides localized supply capability on every continent. The company delivered strong post-merger execution in 2025, generating $126 million in combined free cash flow (free cash flow yield exceeding 30%) and repaying $50 million in senior term loans ahead of schedule. Projected annual merger synergies of $55 million are on track, and Magnera's next-generation liquid barrier specialty solutions earned an INDEX™26 Award nomination — the industry's highest recognition for nonwoven innovation.

Key Strengths

Magnera's global #1 position in airlaid nonwoven materials — combined with top-tier composite fiber and specialty paper substrate manufacturing — creates leadership across multiple engineered materials segments. The Berry HHNF merger with Glatfelter creates a uniquely diversified platform with $55 million in projected annual synergies and strong post-merger integration momentum. The company's 46-facility global manufacturing footprint across 18 countries provides localized supply capability and market access that smaller specialty manufacturers cannot replicate. A 160+ year innovation heritage with 300+ proprietary formulations and deep materials science expertise creates formidable technology barriers. VerityRank Score of 89/100.