AlfaTherm sells adhesive tape substrate business to Tekni-Plex
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.