Alfatherm has sold its self-adhesive tape substrate business to Tekni-Plex.
The self-adhesive tape substrate business will be integrated into Tekni-Films Gallazzi, Tekni-Plex’s operation located in Gallarate (VA), Italy.
Marino Uberti, CEO of Alfatherm, says: “The divestiture of the adhesive tape substrate business is part of a broader strategic review. We will focus our growth on Alfatherm’s core sectors such as surface decoration, capsules and sleeves and films for the graphic art segment.”