Fedrigoni announces the acquisition of POLI-TAPE, specialized in textile graphics, application tapes and specialties
Fedrigoni has entered into an agreement to acquire a majority stake in POLI-TAPE Group, internationally recognized for the production of high-quality materials for graphic applications, including textile, signage, digital printing and specialties. The acquisition aims at further expanding and diversifying the Fedrigoni’s portfolio of self-adhesive materials for visual communication as well as expanding our manufacturing capabilities and distinctive know-how on polyurethane. Founded in 1993 and headquartered in Remagen, Germany, POLI-TAPE employees 370 people located in Germany (incl. two production sites), Italy (incl. two production sites) and Oklahoma, USA (focused on distribution). Its current majority shareholder, the Möhren family, will retain a significant share to ensure smooth transition.
Read the full press release here.