US-based adhesive tape specialist CCT Coating & Converting Technologies has become part of a leading water-based specialty adhesive tapes manufacturer ATP Adhesive Systems Group, based in Switzerland.
ATP Adhesive Systems Group is one of the market leaders in high-performance adhesive tapes, exclusively focusing on water-based technology. It serves many end markets, including construction, medical, mobility, electronic applications, and general industries. ATP employs around 400 staff in its production sites in Germany and the UK as well as in its headquarters and development center in Switzerland.
CCT Coating & Converting Technologies has established itself as one of the leading providers in the US, mainly to clients in the healthcare sector with leading coating and converting capabilities of specialized adhesive tapes.
CCT’s founder Robert Dempsey and CEO, Rich Hipp, together with their team, will continue to run the firm’s operations from the Philadelphia facility.
The management teams of both companies expect to significantly increase their service offering, especially to its US customers.
‘We know Rob and CCT for 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,’ commented Daniel Heini, CEO of ATP.
‘I am very excited for CCT to become part of ATP – whose DNA is very similar to ours and focuses 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 specialty adhesive tapes manufacturers in the US,’ concluded Rich Hipp, CEO of CCT.