Domtar Completes Sale of EAM to Saothair Capital Partners LLC

Domtar announced it has completed the sale of its shares in EAM Corporation (Engineered Absorbent Materials “EAM”) to Saothair Capital Partners, LLC, a private equity firm focused exclusively on investing in middle-market manufacturing and industrial companies.

Located in Jesup, Georgia, EAM designs and manufactures industry-leading airlaid and laminated absorbent materials.

“We are transforming Domtar with purpose and focus. This sale supports that work and helps position EAM for the future,” said Steve Henry, President, Domtar USA, and CEO, Paper and Packaging. “I would like to thank all EAM employees for their dedication and hard work. We are excited about this opportunity for EAM and confident that Saothair is an excellent fit moving forward.”

Domtar will work closely with Saothair and the EAM management team to support a smooth transition. Saothair has indicated its intention to continue operating the site and maintaining relationships with employees, customers, suppliers and the local community.

Source: Domtar