InteliCoat Technologies, manufacturer of coated paper, film, and specialty substrates, announced it has sold its electronic and engineered films business unit to Exopack Holding Inc., a flexible packaging converter and provider of paper and plastic packaging solutions.InteliCoat Technologies, manufacturer of coated paper Coated paper is paper which has been coated by an inorganic compound to impart certain qualities to the paper, including weight and surface gloss, smoothness or ink absorbency. Kaolinite is the compound most often used for coating papers used in commercial printing. , film, and specialty substrates, announced it has sold its electronic and engineered films business unit to Exopack Holding Inc., a flexible packaging converter and provider of paper and plastic packaging solutions. Both InteliCoat and Exopack are affiliates of private investment firm Sun Capital Partners. Terms of the transaction were not disclosed. The acquisition will be renamed Exopack Advanced Coatings and will maintain operations in Matthews, NC and North Wales North Wales (known in some archaic texts as Northgalis) is the northernmost unofficial region of Wales, bordered to the south by Mid Wales and to the east by England. , UK. The company will continue to develop and manufacture coated and/or laminated laminated /lam·i·nat·ed/ (-nat?ed) having, composed of, or arranged in layers or laminae. laminated made up of laminae or thin layers. substrates for applications in printed wiring boards, flexible circuits, optical films for displays, and high temperature, conductive conductive having the quality of readily conducting electric current. conductive flooring flooring or floor covering made specially conductive to electrical current, usually by the inclusion of copper wiring that is earthed and shielding tapes. |
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