05.22.24
The Fedrigoni Group has entered an agreement to acquire a majority stake in the POLI-TAPE Group, an internationally recognized company that produces high-quality materials for graphic applications, including textile, signage, digital printing, and specialties.
The POLI-TAPE Group was founded in 1993 and is headquartered in Remagen, Germany. The group has production sites in Germany, Italy, and Oklahoma, USA, and distributes products in over 90 countries.
POLI-TAPE’s majority shareholder is the Möhren family along with the Bitburger Group as a minority shareholder. The Möhren family will retain a significant share to ensure a smooth transition, during which the POLI-TAPE Management team led by Mark Wehrmann will continue to serve its long-standing customers and partners globally.
Marco Nespolo, CEO of the Fedrigoni Group said,
“The acquisition of POLI-TAPE allows us to expand and diversify our portfolio of self-adhesive materials for visual communication. With this deal, we are increasing our presence in attractive segments, such as textile and specialty graphics categories, as well as expanding our manufacturing capabilities. It also adds a distinctive know-how on polyurethane films used, for example, in the automotive wrapping and paint protection segments, which are both highly strategic and synergistic with our recently acquired Unifol in Turkey”
POLI-TAPE's textile graphics business includes an assortment of heat-transfer vinyls for embellishing textiles and other substrates. The portfolio also includes application tapes, where POLI-TAPE is among the reference market players, and self-adhesive specialties (e.g. magnetic and special effects, adhesive tapes).
Sven Möhren, the current majority shareholder of POLI-TAPE commented,
“We are pleased to have reached an agreement with a solid and growing partner like the Fedrigoni Group. Our operational assets and technological capabilities within the broader Fedrigoni's platform will enable POLI-TAPE to accelerate its growth path, by reaching thousands of customers worldwide as well as focusing on the research and development of high-performance, premium, and innovative solutions.”
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The POLI-TAPE Group was founded in 1993 and is headquartered in Remagen, Germany. The group has production sites in Germany, Italy, and Oklahoma, USA, and distributes products in over 90 countries.
POLI-TAPE’s majority shareholder is the Möhren family along with the Bitburger Group as a minority shareholder. The Möhren family will retain a significant share to ensure a smooth transition, during which the POLI-TAPE Management team led by Mark Wehrmann will continue to serve its long-standing customers and partners globally.
Marco Nespolo, CEO of the Fedrigoni Group said,
“The acquisition of POLI-TAPE allows us to expand and diversify our portfolio of self-adhesive materials for visual communication. With this deal, we are increasing our presence in attractive segments, such as textile and specialty graphics categories, as well as expanding our manufacturing capabilities. It also adds a distinctive know-how on polyurethane films used, for example, in the automotive wrapping and paint protection segments, which are both highly strategic and synergistic with our recently acquired Unifol in Turkey”
POLI-TAPE's textile graphics business includes an assortment of heat-transfer vinyls for embellishing textiles and other substrates. The portfolio also includes application tapes, where POLI-TAPE is among the reference market players, and self-adhesive specialties (e.g. magnetic and special effects, adhesive tapes).
Sven Möhren, the current majority shareholder of POLI-TAPE commented,
“We are pleased to have reached an agreement with a solid and growing partner like the Fedrigoni Group. Our operational assets and technological capabilities within the broader Fedrigoni's platform will enable POLI-TAPE to accelerate its growth path, by reaching thousands of customers worldwide as well as focusing on the research and development of high-performance, premium, and innovative solutions.”
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