With annual sales of over $70 million, Acucote develops, manufactures, and distributes self-adhesive materials.
Fedrigoni SpA recently announced that it has completed its acquisition of Acucote Inc. Headquartered in Graham, N.C., and with annual sales of over $70 million, Acucote develops, manufactures, and distributes self-adhesive materials. The company has 142 employees.
Acucote was founded 34 years ago by John Leath, who owns it together with his family. The company operates one plant and four distribution centers. With this third acquisition in 18 months, after the Italian Ritrama and the Mexican IP Venus in the self-adhesives sector, Fedrigoni reports that it is strengthening its position as a global player for self-adhesive materials.