The U.S.-based adhesive tape specialist CCT Coating & Converting Technologies announced that it’s becoming part of water-based specialty adhesive tapes manufacturer, ATP Adhesive Systems Group. This combination will strengthen the market position of both companies while offering a wider range of tailor-made solutions to its customers.
ATP Adhesive Systems Group is a pioneer in high-performance adhesive tapes, exclusively focusing on water-based technology since over 30 years. The company serves a range of end markets including construction, medical, mobility, electronic applications, and general industries — offering advanced and customized solutions through its in-house R&D capabilities.
CCT has established itself as solution provider in the U.S., mainly to clients in the healthcare sector, with leading coating and converting capabilities of specialised adhesive tapes over the past 20 years. CCT’s founder Robert Dempsey and CEO, together with their team, will continue to run the firm’s operations from their Philadelphia location.
“I am very excited for CCT to become part of ATP, which has a DNA hat’s very similar to ours and focusses around offering the best solution to customers,” said Rich Hipp, CEO CCT. “Further, having access to ATP’s leading adhesive technology and formulation know-how will enable us to establish CCT as one of the leading speciality adhesive tapes manufacturers in the U.S.”
Both firms’ mutual dedication to offer tailor made solutions to its customers, coupled with ATP’s R&D and coating expertise, as well as CCT’s long-established presence and reputation in the American market are highly complementary. The management teams of both companies expect to significantly increase its service offering especially to its US customers.
“We know Rob and CCT since many years and are delighted to welcome the entire CCT team to the ATP family,” said Daniel Heini, CEO ATP. “We have always viewed CCT as an outstanding platform and cannot wait to start working together. We will significantly invest into CCT’s operations to provide its North American customers with the best possible product. Our acquisition of CCT again highlights ATP’s strong ambition to expand internationally and further diversify its offering.”