Saothair Capital Partners, a private equity firm focused on middle-market manufacturing and industrial companies, has completed the acquisition of EAM Corp. from Domtar Corporation through a newly-formed affiliate. The transaction brings a Georgia-based developer and manufacturer of nonwoven airlaid and laminated absorbent materials under new ownership, according to Saothair.
EAM, founded in 1998 and headquartered in Jesup, Georgia, produces materials used in feminine hygiene, adult incontinence, baby diaper, medical, industrial and food packaging applications. The company's product portfolio includes three branded platforms developed in-house through decades of co-development with leading hygiene brands.
Following the acquisition, current EAM General Manager Vanecia Carr will serve as Chief Executive Officer, and Lori Venn will serve as Senior Vice President of Sales and Marketing.
Kevin Madden, co-founder and managing partner of Saothair, described EAM as a high-quality specialty manufacturer with a differentiated product portfolio and long-term customer relationships. Michael Fagan, who is joining EAM's Board of Directors, brings extensive experience in the absorbent hygiene industry to the company.