Exopack Acquires InteliCoat Technologies
Exopack® Advanced Coatings, a member of Exopack Holdings SA, is a global and highly respected leader in the development, manufacture and distribution of precision coated papers, films and specialty substrates for imaging, electronic, medical, optical and security technologies, announced that it purchased InteliCoat Technologies™, a global market leader in the development and fulfillment of high performance digital imaging substrates. This acquisition will enable further product development and increase the unique competitiveness of Exopack Advanced Coatings as a global manufacturer.
“With 50 years of designing and engineering coatings and coating processes, Exopack Advanced Coatings is uniquely qualified to grow the ink jet media business further,” said David Neal, President at Exopack Advanced Coatings. “InteliCoat’s intellectual property, marketing and branding competencies, combined with Exopack Advanced Coatings’ precision coating expertise and multitude of coating assets, will definitely give us the opportunity to expand our role in the digital imaging market.”
Exopack Advanced Coatings intends to keep all Magic®, Magiclée®, Museo® and JetSet® offerings, consisting of the same base papers and coating processes. The InteliCoat brands will continue to be sold through the current distribution channel of Magic brand dealers. Additionally, InteliCoat’s sales, marketing and customer service team will remain in Western Massachusetts, USA.
“We see InteliCoat’s sale to Exopack Advanced Coatings as the next logical step to ensuring the continued growth of our award-winning Magic®, Magiclée®, Museo® and JetSet® brands,” said Ed McCarron, Director of Sales and Marketing at InteliCoat Technologies. “We are confident that Exopack Advanced Coatings’ technical and manufacturing know-how will enhance the long-standing commitment to excellence InteliCoat has delivered throughout its history.”
The InteliCoat and Exopack Advanced Coatings teams have an extensive and positive history of cooperation and will continue to work together to bring a number of advantages, including:
Improved product development;
Access to pilot and scale up equipment;
Products qualified on more machines;
An infrastructure to improve logistics and service.
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