RTape and CET Films Acquired by Nekoosa Coated Products (April 2013) posted on Wed Apr 24, 2013
The two companies will operate as divisions of their new parent firm.
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Nekoosa Coated Products has acquired IGI Corp., parent of RTape and CET Films. RTape and CET Films will operate as divisions of Nekoosa Coated Products; Paul Charapata, CEO of Nekoosa Coated Products, will lead the new organization
Headquartered in Nekoosa, Wisconsin, Nekoosa Coated Products produces carbonless paper technology as well as a line of specialty films including Synaps OM and Synaps Digital XM, premium synthetic papers from Agfa; ThermaTac digital removable vinyl; Thermanent premium digital polyester; MagneCote magnetic paper; a line of FSC-certified digital coated papers, Nekoosa Display Board, and others. Formerly the 3M/Imation Specialty Paper Group, the company was acquired by Dunsirn Partners in 2005 and renamed Nekoosa Coated Products; Wingate Partners of Dallas acquired Nekoosa in October 2012.
“We are privileged to partner with an outstanding team at IGI Corp. RTape Corp. has a long-standing reputation as the leader in application tape and a very unique, highly valuable network of distribution partners. We look forward to expanding our relationships with these vital partners,” says Brad Brenneman, Wingate principal. “In addition, CET Films’ value-added extruded films provide further growth opportunities.”
RTape manufactures a wide range of products for the sign, screen print, and digital printing markets, including Claritex printable polycarbonate films; DigiMask surface protection masking for digital prints; Eclypse overlaminating films; Conform Series, ApliTape, and Clear Choice application tapes; ChalkTalk chalkboard film; EZ Erase dry erase vinyl; and VinylEfx embossed metalized vinyl films. CET Films Corp. manufactures cast custom extruded films for a range of niche graphic arts and ancillary markets.