Fedrigoni announces its acquisition of POLI-TAPE

Fedrigoni Group – a leading global player in specialty papers– has announced that it has entered into an agreement to acquire a majority stake in German company POLI-TAPE Group, which is internationally recognized for the production of high-quality materials for graphic applications, including textile, signage, digital printing and specialties. Headquartered in Remagen (Germany), POLI-TAPE Group employees 370 people located in Germany (incl. two production sites), Italy (incl. two production sites) and Oklahoma, USA (focused on distribution); while its products are distributed in more than 90 countries. Its majority shareholder is the Möhren family along with the Bitburger Group as minority shareholder.

POLI-TAPE’s textile graphics business includes an assortment of heat-transfer vinyl for the embellishment of textiles and other substrates. In the signage industry and large-format digital printing segment, the group offers a wide range of graphic films used for indoor and outdoor advertising as well as architectural decoration. “The acquisition of POLI-TAPE allows us to expand and diversify our portfolio of self-adhesive materials for visual communication,” says Marco Nespolo, CEO of Fedrigoni Group. “With this deal we are increasing our presence in attractive segments, such as textile and specialty graphics categories, as well as expanding our manufacturing capabilities. It also adds a distinctive know-how on polyurethane films used, for example, in the automotive wrapping and paint protection segments.” Fedrigoni was advised by Eight Advisory, PwC, Latham & Watkins, Pirola Pennuto Zei & Associati, AON and L.E.K., while POLI-TAPE was advised by IMAP M&A Consultants, LMPS Lawyers and

dhpg Tax consulting.