The US-based adhesive tape manufacturer CCT Coating & Converting Technologies Inc. is becoming part of the water-based adhesive tapes manufacturer ATP Adhesive Systems Group based in Switzerland. The acquisition strengthens the market position of both companies and allows it to offer a wide range of tailor-made solutions to its customers.
ATP Adhesive Systems Group is a manufacturer of high-performance adhesive tapes, focusing on water-based technology. The company serves a wide range of end markets, including construction, medical, mobility, electronic applications, and general industries, offering tailor-made solutions through its in-house R&D capabilities.
Offering Tailor-made Solutions to Customers
CCT Coating & Converting Technologies Inc is a solution provider in the US to clients in the healthcare sector with coating and converting capabilities of specialized adhesive tapes. CCT’s founder Robert Dempsey & CEO Rich Hipp together with their team will continue to run the firm’s operations from their Philadelphia location.
Both firms’ will offer tailor-made solutions to its customers. The management teams of both companies expect to increase their service offering to its US customers.
“ The company will invest in CCT’s operations to provide North American customers with the best product. The acquisition of CCT highlights ATP’s ambition to expand internationally and diversify its offering.” said Daniel Heini, CEO ATP.
“Having access to ATP’s adhesive technology and formulation will help to establish CCT as a specialty adhesive tapes manufacturers in the US,” said Rich Hipp, CEO CCT.
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