The Fedrigoni Group has announced an agreement to acquire a majority stake in Poli-Tape
Group. Poli-Tape is internationally recognized for producing high-quality materials for
graphic applications, including textile, signage, digital printing, and specialties.
Founded in 1993 and headquartered in Remagen, Germany, Poli-Tape employs 370 people
across Germany (with two production sites), Italy (with two production sites), and Oklahoma,
USA (focused on distribution). Its products are distributed in over 90 countries. The Möhren
family, the majority shareholder, along with minority shareholder Bitburger Group, will retain
a significant share to ensure a smooth transition. During this period, the Poli-Tape
Management team, led by Mark Wehrmann, will continue serving its global customers and
partners.
Poli-Tape's textile graphics business includes a variety of heat-transfer vinyls for
embellishing textiles and other substrates. As consumers increasingly seek personalized
apparel and accessories, textile graphics play a key role in transforming items into unique
objects, spanning high fashion, sports, professional, and leisure sectors. In the sign-making
industry and large format digital printing segment, Poli-Tape offers a wide range of graphic
films for indoor and outdoor advertising and architectural decoration. Their portfolio also
includes application tapes, where Poli-Tape is a market leader, and self-adhesive specialties
like magnetic and special effects tapes.
Marco Nespolo, CEO of the Fedrigoni Group commented, “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.”
“We are pleased to have reached an agreement with a solid and growing partner like the
Fedrigoni Group,” adds Sven Möhren, current majority shareholder of Poli-Tape. “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.” |