Duraco Specialty Materials acquires Strata-Tac to help build North American market positioning
Forest Park, IL-based Duraco Specialty Materials, a leading manufacturer of specialty materials including pressure-sensitive tapes and labels, coated films, and release liners (above), has acquired Strata-Tac, Inc., a leading manufacturer of custom-engineered, pressure-sensitive products and top-coated films, from private sellers. Terms of the deal were not disclosed.
Strata-Tac, headquartered in St. Charles, IL, offers a wide range of customized pressure-sensitive solutions, to label convertors and manufacturers. Since its founding in 1995, Strata-Tac has consistently grown its coating capabilities and portfolio in tapes, labels, liners and facestocks to serve the critical performance needs of its customers across applications in medical/pharmaceutical labeling, brand protection, and durable labeling.
The add-on acquisition of Strata-Tac continues Duraco Specialty Material’s commitment to deliver technically advanced, customized solutions across growing end markets. The addition of Strata-Tac’s expertise in water-based chemistries complements Duraco’s growing portfolio of sustainable solutions, giving customers immediate access to a broader range of pressure-sensitive adhesives for labels and tapes, facestocks, and specialty coated materials.
OpenGate Capital acquired Duraco in June 2019 through a corporate carveout from Essentra PLC and has since completed five add-on acquisitions with Infinity Tapes in February 2020, Filmquest Group in March 2021, 3 Sigma in November 2021, Rayven in December 2021, and now Strata-Tac. With a demonstrated mission of rapidly delivering customized, integrated, turn-key solutions, Duraco supports more than 10,000 customers with customized tapes, labels, converted parts, functional coatings, and release liners in high-value end markets including Flexible Packaging, Healthcare, OEM, and e-Commerce.