Product category: Electronics Manufacturing Machinery and Materials
News Release from: InteliCoat Technologies
Edited by the Electronicstalk Editorial Team on 28 June 2002
Rexam becomes InteliCoat Technologies
InteliCoat Technologies (formerly Rexam Image Products) has been acquired by private investment firm Sun Capital Partners
A global leader in contract coating of papers, films, foils and other speciality substrates, InteliCoat joins Sun Capital Partners' portfolio of some 30 companies with combined sales in excess of US $3.0 billion. The acquisition includes the organisation's six manufacturing facilities in the USA and Europe, in addition to its sales and marketing offices and distribution locations in Australia, Europe, North and South America.
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With 70 years' expertise in developing and manufacturing speciality coated products, InteliCoat will target the growing global need for high-performance precision materials.
These include digital imaging substrates and specialised materials such as dry film resist, hardcoated substrates and medical components.
Robert W Champigny, president of InteliCoat, says: "The purchase of our company by Sun Capital represents a tremendous opportunity for us to utilise the expertise that we have developed over many years.
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InteliCoat will build on a long tradition of excellence delivering new and innovative coated products and processes".
InteliCoat has two strategic business units - Digital Imaging and Electronic and Engineered Films - which remain the primary sources of the company's market development and growth.
In addition to its contract coating capabilities, InteliCoat brings speciality coated manufactured products to market globally via agreements with various channels.
Tom Dickie continues to lead the business in Europe, which constitutes one third of the company's worldwide manufacturing facilities.
InteliCoat is firmly committed to European markets and provides the region with technical expertise and advanced coating facilities.
With highly experienced, multidisciplinary staff and a complete range of coating resources, the European-based business is crucial to InteliCoat's global strategy.
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