Spinnaker specializes in the customized production and distribution of pressure-sensitive roll label and sheet base materials in North America.
Mactac®, a LINTEC company, has entered into an agreement to purchase the assets of Spinnaker Coating, LLC, representing $130 million of specialty revenue at a price of $40 million. The acquisition is expected to close on February 1, 2022.
Spinnaker specializes in the customized production and distribution of pressure-sensitive roll label and sheet base materials in North America. The acquisition consists of Spinnaker’s manufacturing facility and headquarters in Troy, Ohio, as well as distribution centers in: Atlanta, Ga.; Chicago, Ill.; Los Angeles, Calif.; and Vails Gate, N.Y. Spinnaker will operate as a standalone subsidiary of Mactac.