M&A Deal Summary |
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|---|---|
| Date | 2023-05-23 |
| Target | Strata-Tac |
| Sector | Manufacturing |
| Buyer(s) | Duraco |
| Deal Type | Add-on Acquisition |
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Duraco is a B2B manufacturer of specialty tapes, which are sold into highly attractive end markets including Point-of-Purchase displays, appliances, transit packaging, construction, signage, and HVAC. Duraco’s application-specific tapes are strong alternatives to mechanical fasteners and traditional glues offering longevity, strength, efficiencies in customer’s assembly operations and breadth of substrates. Duraco’s customer service team will continue to offer their expertise to customers determining which products are ideal for their applications. With a highly diversified customer base, Duraco maintains loyal relationships for over 40 years and is continuously growing with over 6,800 customers in 2018. Headquartered in Forest Park, Illinois, Duraco has a workforce of 133 employees, with three service centers that are located in Los Angeles, California, Edison, New Jersey, and Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Manufacturing) | 4 of 4 |
| Type (Add-on Acquisition) | 5 of 5 |
| State (Illinois) | 2 of 2 |
| Country (United States) | 5 of 5 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-08 |
Rayven
St. Paul, Minnesota, United States Rayven is a developer and manufacturer of coated functional films, specialty tapes, and niche release liners, from private sellers. It is recognized for custom-developed and technically differentiated solutions in high-value end markets including flexible packaging, building products, graphics, and healthcare. Rayven was formed in 1954 and is based in St. Paul, Minnesota. |
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