News

Mactac to Acquire Spinnaker Coating for $40 Million

Purchase includes Spinnaker’s HQ and four distribution centers.

Published

1 year ago

January 21, 2022

Mactac (Stow, OH), a supplier of pressure-sensitive adhesives, has agreed to acquire Spinnaker Coating for $40 million. The deal is expected to close on Feb. 1.

The acquisition consists of Spinnaker’s manufacturing facility and headquarters in Troy, OH as well as its distribution centers in Atlanta, Chicago, Los Angeles and Vails Gate, NY. Spinnaker, which specializes in the production of pressure-sensitive roll label and sheet base materials, will operate as a standalone subsidiary of Mactac. All of Spinnaker’s employees and management will be retained.

The acquisition is Mactac’s second in the last calendar year. In April 2021, the company purchased Duramark Products (formerly Ritrama USA) for an undisclosed amount.

For more information, visit mactac.com.

Related Topics:Mactac mergers and acquisitions

click to Comment(Comment)

Up Next

SAi Introduces FlexiDESIGN for macOS

Don't Miss

Watchfire Signs Offers 4th Annual Scholarship to Recognize Student Creativity

Signs of the Times Staff

Signs of the Times has been the world leader in sign information since 1906. Contact Signs of the Times' editors at editor@signsofthetimes.com.

Find it here! ISA Sign Expo 2023

Whether you're looking to grow your business or advance your career, ISA International Sign Expo® 2023 is the only place to find everything you need to be successful in the sign, graphics, print and visual communications industry.