Drytac Acquires Durotech's Finishing Products
Adhesive-film and related marketing and technology assets are in the mix.
Drytac Corporation has completed the acquisition of Durotech Corporation’s adhesive-film and related marketing and technology assets.
'Drytac is making this acquisition based on the fact that we offer compatible and complementary product lines in the same geographic area,' says Marc Oosterhuis, president of Drytac. 'With both companies headquartered in the Richmond area and Drytac’s five additional North American locations, we will be able to ensure Durotech's existing customers an uninterrupted and expanded supply of finishing products, as well as our customer support."
Durotech produces pressure-sensitive overlaminate films such as DuroGloss, DuroMatt, Duro- Luster, DuroScuff RV, DuroSheen, and DuroMark for dry-erase applications. The company sells its products worldwide, but its main emphasis is on North America. The Richmond, VA-based company also has a silicone adhesive business, which will remain with Durotech; Durotech CEO Dr. Schuurmans plans to focus on the company's clear silicone adhesive products as well as other interests.