Mactac, a Lintec Company, has completed the acquisition of Spinnaker Coating, consisting of its manufacturing facility and headquarters based in Troy, Ohio, and North American distribution centers located in Atlanta, Chicago, Los Angeles and Vails Gate. Spinnaker will operate as a standalone subsidiary of Mactac.
With Spinnaker, Lintec, and Duramark Products (formally Ritrama USA and acquired by Mactac earlier in 2021) serving the industry together, Mactac became one of the largest global pressure-sensitive adhesive suppliers. These combined pressure-sensitive adhesive (PSA) technologies provide the North American market with the necessary support and capacity.
‘Mactac built upon our solid foundation adding enhanced service, capabilities and breadth of product offering,’ said Ed LaForge, president and CEO of Mactac. ‘Our combined product offering now encompasses all adhesive technologies, including hot-melt, solvent, silicone and emulsion. We offer a wide range of high-quality PSA materials for any application need, such as film, cast vinyl and specialty solutions. And, with Spinnaker’s unique business model, we will expand Mactac and Spinnaker specialty labelstock offerings to create a model unlike any other.’
The purchase of Spinnaker creates new opportunities in specialty labeling. Spinnaker customers will benefit from Mactac’s advanced technologies, modern production capabilities and depth of technical expertise.
‘Joining together gives Spinnaker access to Mactac’s state-of-the-art engineering and technology and offers our customers new and expanded product offerings and adhesive capabilities,’ commented Lou Guzzetti, Spinnaker’s chairman of the board. ‘And, like Spinnaker, Mactac is an employee-centric organization with a service-first culture. We look forward to realizing the possibilities this acquisition brings to our employees and the market.’
Mactac is focused on market growth and operational expansion. The Duramark acquisition expanded its technology, adhesive capabilities and production capacity with more facilities and locations, new coaters, and automation technologies. In 2022, Mactac will add five new slitting assets and further grow its adhesive formulation and manufacturing capabilities.
Mactac and its parent company Lintec will continue to invest in R&D and operational enhancements as part of its strategic plan. Mactac’s acquisition of Spinnaker further solidifies Lintec’s commitment to bring its comprehensive global capabilities to the North American market.