Acquisitions · Adhesive materials
Lintec buys Ohio adhesive materials maker MACtac Americas for about $375 million
- Buyer
- Lintec (via US subsidiary) (Tokyo)
- Target
- MACtac Americas, Stow, Ohio
- Value
- About $375M
- Status
- Agreed on October 24, 2016; completed on December 1, 2016.
- Date
- 2016-10-24
Lintec bought MACtac Americas, a maker of pressure-sensitive adhesive materials based in Stow, Ohio, from Platinum Equity for about $375 million. The purchase was made through Lintec's US subsidiary.
Why it matters
The deal gives Lintec a production and sales base in North America for adhesive labels and films, a large step beyond its earlier presence there.
Sources
Kakehashi M&A News home
