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Drytac Buys Multi-Tac

Drytac, an international manufacturer of adhesive-coated products, has acquired Toronto-based adhesive coating company Multi-Tac Inc. Multi-Tac has been serving the industry, both domestic and abroad, for nearly 25 years through the manufacture of pressure-sensitive products and custom coatings.

“The combined operation will result in improved efficiencies, greater flexibility and shorter development time from customer concept to finished product,” stated Marc Oosterhuis, President of the Drytac Group. “With an increased coating, slitting and sheeting capacity, we can not only expand our standard product range but grow our specialty custom coating services in North America.”

According to Drytac, the acquisition allows the company to offer aqueous, solvent and hot-melt coatings. It will also be able to offer adhesive and top coat up to 61 inches wide. Existing Multi-Tac customers in Europe and the Middle East will be handled through Drytac Europe, based in Bristol, UK.

In related news, the company also announced the sale of its UV liquid coating division to North Carolina-based Advanced Finishing Technologies, a member of the Digital2You network. Current manager of Drytac’s UV liquid coating line will join Advanced Finishing Technologies as a result.