SWM Stock Price, News & Analysis

Schweitzer-Mauduit International, Inc. ("SWM"), historically traded on the New York Stock Exchange under the ticker symbol SWM, was a global performance materials company. According to company communications, SWM operated as SWM International and focused on engineered materials such as films, adhesive tapes, foams, nets, nonwovens, and papers. These materials were designed and manufactured using resins, polymers, and natural fibers for a variety of industries and specialty applications.

SWM and its subsidiaries manufactured on four continents and conducted business in over 90 countries, with a workforce of thousands of employees worldwide. The company described its purpose as finding ways to improve everyday life by bringing innovation, design, and manufacturing solutions to its customers. Its activities placed it within the broader specialty materials and performance materials space, which is related to, but more specific than, the general paper and paper products industry classification.

Corporate transformation into Mativ

SWM underwent a significant corporate transformation through an all-stock merger of equals with Neenah, Inc. Company announcements describe SWM and Neenah as two global manufacturers of specialty materials that agreed to combine to form a new entity. Upon closing of this merger, the combined company name became Mativ, Inc. ("Mativ"), and its shares began trading on the NYSE under the ticker symbol MATV. As part of this change, the "SWM" ticker symbol was deactivated, and the legacy SWM listing ceased to trade under that symbol.

Communications about the merger characterized the combined business as a global leader in specialty materials and solutions with a scale of several billion dollars in annual revenue. The merger was presented as a way to bring together complementary product portfolios, technology capabilities, and geographic reach, with an emphasis on specialty materials serving a range of industrial and consumer-related applications.

Business focus and product categories

In its own descriptions, SWM highlighted its highly engineered films, adhesive tapes, foams, nets, nonwovens, and papers. These products were manufactured from resins, polymers, and natural fibers. Company statements indicate that these materials were used across various specialty applications and industries, though specific end markets were not exhaustively listed in the provided information.

Prior to the merger with Neenah, SWM also reported two main business segments in its financial communications: Advanced Materials & Structures (AMS) and Engineered Papers (EP). The AMS segment included products such as industrial and construction-related materials and filtration products, while the EP segment included high-value tobacco papers and reduced-risk product papers. These segment descriptions show that SWM’s activities extended beyond traditional paper into broader engineered and performance materials.

Segment evolution and combined company structure

In connection with the merger with Neenah, SWM and Neenah announced that the combined company would report results through two reporting segments: Advanced Technical Materials and Fiber-Based Solutions. The Advanced Technical Materials segment was described as delivering solutions that filter and purify air and liquids, support adhesive and protective applications, advance healing and wellness, and address demanding material science performance needs. The Fiber-Based Solutions segment was described as leveraging extensive natural fiber capabilities to provide specialty solutions for end uses such as sustainable packaging, imaging and communications, home and office, consumer goods, and other applications.

These segment descriptions, while framed for the combined company, reflect the legacy SWM focus on engineered materials and fibers, and they indicate how SWM’s historical capabilities contributed to the broader Mativ portfolio.

Relationship between SWM and Mativ

For investors researching the SWM ticker, it is important to understand that SWM as an independent listing was effectively folded into Mativ through the merger of equals with Neenah. Later communications from Mativ reference former SWM directors and describe the company’s evolution since the 2022 merger. For example, a Mativ board appointment announcement notes that a director previously served on the board of Schweitzer-Mauduit International, Inc., underscoring the continuity between the legacy SWM entity and the current Mativ structure.

As a result, SWM is best understood today in a historical context: as one of the two predecessor companies that combined to form Mativ Holdings, Inc. under the MATV ticker on the NYSE. Current operational and financial information about the ongoing business is therefore associated with Mativ rather than with the deactivated SWM symbol.

Investor and historical context

Before the merger, SWM communicated that it manufactured on four continents and did business in over 90 countries, emphasizing its global footprint. It also described itself as a performance materials company with a focus on innovation, design, and manufacturing solutions. Financial reports from that period referenced segment performance in Advanced Materials & Structures and Engineered Papers, as well as initiatives such as acquisitions and integration activities designed to expand its materials portfolio.

In addition, SWM’s collaboration announcements, such as a co-development agreement with UbiQD, Inc. to work on quantum dot glass interlayers for electricity-producing windows, illustrate how the company applied its polymer engineering and interlayer expertise in advanced materials projects.

How to view SWM today

Because the SWM ticker has been deactivated and the business has been combined with Neenah under the Mativ name and MATV ticker, the SWM symbol now primarily serves as a reference point for historical trading, financial results, and corporate actions prior to the merger. Investors seeking current information about the continuing operations that originated from SWM should review disclosures and market data for Mativ Holdings, Inc. (MATV) on the NYSE.