The US-based adhesive tape specialist CCT Coating & Converting Technologies
Inc. <https://ccttapes.com> is becoming part of leading water-based
specialty adhesive tapes manufacturer ATP Adhesive Systems Group
<https://atp-ag.com/en/> based in Switzerland. The combination strengthens
the market position of both companies and allows to offer an even wider
range of tailor-made solutions to its customers.
ATP Adhesive Systems Group is the pioneer and market leader in
high-performance adhesive tapes, exclusively focusing on water-based
technology since over 30 years. The Company serves a wide range of end
markets, including construction, medical, mobility, electronic applications,
and general industries, offering tailor-made solutions through its in-house
R&D capabilities. ATP employs c. 400 staff in its production sites in
Germany and the UK as well as in its headquarters and development centre in
CCT Coating & Converting Technologies Inc has established itself as leading
solution provider in the US mainly to clients in the healthcare sector with
leading coating and converting capabilities of specialised adhesive tapes
over the past 20 years. CCT’s founder Robert Dempsey as well as CEO Rich
Hipp together with their team will continue to run the firm’s operations
from their Philadelphia location.
Both firms’ mutual dedication to offer tailor made solutions to its
customers, coupled with ATP’s R&D and coating expertise as well as CCT’s
long-established presence and reputation in the US market are highly
complementary. The management teams of both companies expect to
significantly increase its service offering especially to its US customers.
“We know Rob and CCT since many years and are delighted to welcome the
entire CCT team to the ATP family. We have always viewed CCT as an
outstanding platform and cannot wait to start working together. We will
significantly invest into CCT’s operations to provide its North American
customers with the best possible product. Our acquisition of CCT again
highlights ATP’s strong ambition to expand internationally and further
diversify its offering.” quote Daniel Heini, CEO ATP.
“I am very excited for CCT to become part of ATP – whose DNA is very similar
to ours and focusses around offering the best solution to customers. Further
having access to ATP’s leading adhesive technology and formulation know-how
will enable us to establish CCT as one of the leading speciality adhesive
tapes manufacturers in the US.” quote Rich Hipp, CEO CCT.
Family investor Bregal Unternehmerkapital has acquired ATP in 2019 and
together with its management team is focussing on expanding the business