Readers last week were most interested in Fedrigoni’s acquisition announcement (Fedrigoni Acquires Acucote): “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.
“‘The acquisition of Acucote represents a further step in the growth strategy in the increasingly promising self-adhesive materials sector, where we are determined to expand our position as market leader, and it is in line with our wish to diversify our geographical penetration, strengthening our position across the Americas and in particular in the United States,’ said Marco Nespolo, CEO of Fedrigoni Group.”
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Top 5 News that Sticks for June 27 - July 3
- Fedrigoni Acquires Acucote
- Henkel Details Adhesive Technologies Sustainability Activities #3 last week
- Novagard Achieves IPC-CC-830C Certification for Portfolio of UV/Dual-Cure Alkoxy Silicones
- Dow to Build MDI Distillation and Prepolymers Facility in Texas #1 last week
- Avery Dennison Performance Tapes to Expand Manufacturing Facility in Ohio
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.