Global manufacturer of adhesive-coated products Drytac Group has acquired Canadian adhesive coating company Multi-Tac for an undisclosed sum.
Drytac Group president Marc Oosterhuis said the combined operation will lead to improved efficiencies, flexibility and shorter development time from customer concept to finished product.
"With an increased coating, slitting and sheeting capacity, we can not only expand our standard product range but grow our specialty custom coating services in North America," Oosterhuis added.
The acquisition will enable Drytac to offer aqueous, solvent and hot melt coatings suitable for a variety of substrates, besides its range of branded and OEM films and adhesives.
Existing Multi-Tac customers in Europe as well as the Middle East will be able to source products from Drytac Europe, based in Bristol, United Kingdom, going forward.
Multi-Tac, which manufactures pressure-sensitive products and custom coating solutions, operates two coating lines and serves markets including flexible packaging, graphic arts, and label and tape applications.