Announced
Financials
Sources
Tags
United States
manufacturing
Friendly
Cross Border
Merger
Specialty Chemicals
Majority
tapes
Pending
Acquisition
Private
Single Bidder
Synopsis
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.