.
MergerLinks Header Logo

New Deal


Announced

CCT to merge with ATP.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

manufacturing

Friendly

Cross Border

Merger

Specialty Chemicals

Majority

tapes

Pending

Acquisition

Private

Single Bidder

Synopsis

Edit

Coating & Converting Technologies, a tapes producer, agreed to merge with ATP, a client-specific adhesive products manufacturer. Financial terms are not disclosed. "I am very excited for CCT to become part of ATP – whose DNA is very similar to ours and focuses on offering the best overall value solution to customers. Further, having access to ATP's leading adhesive technology and formulation know-how will deliver great benefits to our customers, while establishing CCT as one of the leading speciality adhesive tape manufacturers in North America," Rich Hipp, CCT CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US