Jessup Manufacturing Co. (McHenry, IL), a manufacturer of specialty coated materials, tapes, films and converting solutions, has announced the acquisition of D&K Coating Technologies (Janesville, WI), a provider of custom coating and toll coating services, according to a press release.
The acquisition strengthens Jessup’s manufacturing capabilities and supports the company’s long-term growth strategy. D&K Coating Technologies will continue to operate under its existing brand and serve customers from its Janesville, WI, facility.
“D&K Coating Technologies is an excellent strategic fit for Jessup Manufacturing,” Rob Jessup, president and CEO of Jessup Manufacturing, is quoted in the press release. “The company has earned a strong reputation for quality, technical expertise and customer service. We are excited to welcome the D&K team and build on that legacy together.”
The acquisition includes the assets and operations of D&K Coating Technologies, located in Janesville, WI. D&K Coating Technologies was previously part of D&K Group Inc., headquartered in Elk Grove Village, IL. The transaction applies specifically to the D&K Coating Technologies business and does not include the other businesses or operations of D&K Group Inc.
“Innovation has always been driven by talented people working together to solve complex challenges,” Jessup is further quoted. “The expertise and experience the D&K team brings to Jessup will strengthen our ability to develop new solutions, expand our technical capabilities, and continue delivering the quality and service our customers expect.”
Customers of both companies can expect a seamless transition with no immediate changes to products, services or points of contact. The terms of the transaction were not disclosed.
For more information, visit jessupmfg.com.