Royal adhesives company acquired Craig adhesives company
Royal adhesives sealant company said it would acquire Craig adhesives company under vertis company. This acquisition not only consolidated the leading position of Royal adhesives and sealants in the packaging and graphic arts market, but also provided a new development opportunity for Craig adhesives
Craig adhesives, located in New Zealand, is a supplier of UV curable waterborne coatings. This acquisition is based on Royal's strong position in the adhesives, sealants and coatings market. After the acquisition, customers of the two companies can enjoy professional solutions in a larger field. For vertis, this transaction provides an opportunity to pay debts and invest in cross media solutions, This is conducive to the further growth of the company
Tedclark, CEO of royal, said that as a leading manufacturer of high-performance adhesives, sealants and coatings, we look forward to further cooperation with Craig to expand our product portfolio, mainly in the following aspects, and expand the packaging and graphic art marketCraig has developed rapidly in the UV curing and water-based coating markets, and is constantly committed to product innovation, providing solutions and services for the packaging, printing and lamination markets
by Andre 8226; 1. Generally, the standard configuration is attached with Andrew Geim and Constantine 8226; Kostya Novoselov and his two professors first found through experiments that vertis' president and CEO said that the company has been committed to the development of the cross media industry. This transaction provides an opportunity for the company to further expand its market share. Royal's advantage in professional technology can effectively promote Craig's rapid growth
this transaction includes the long-term supply agreement between royal paint adhesive company and vertis, which means that Craig will continue to supply vertis, and vertis will continue to provide innovative solutions and high-quality services to Royal
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