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Announced

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Fedrigoni completed the acquisition POLI-TAPE.

Synopsis

Fedrigoni, a player in the manufacturing of specialty papers for luxury packaging and other creative applications, completed the acquisition POLI-TAPE, a producer of high-quality materials for graphic applications. Financial terms were not disclosed. “The acquisition of POLI-TAPE allows us to expand and diversify our portfolio of self-adhesive materials for visual communication. With this deal we are increasing our presence in attractive segments, such as textile and specialty graphics categories, as well as expanding our manufacturing capabilities. It also adds a distinctive know-how on polyurethane films used, for example, in the automotive wrapping and paint protection segments, which are both highly strategic and synergistic with our recently acquired Unifol in Turkey," Marco Nespolo, Fedrigoni CEO.

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