Nekoosa Acquires Graphic Media Producer ClingZ
Nekoosa, Nekoosa, Wis., USA, has acquired the business and assets of ClingZ Inc., a Rio Rancho, New Mexico, USA-based manufacturer of premium graphic media for temporary marketing and signage application. Terms of the deal were not disclosed.
The addition of ClingZ expands Nekoosa’s specialty products portfolio. "The ClingZ acquisition is directly aligned with our mission of bringing something new to our customers and employees," said Paul Charapata, CEO of Nekoosa. "The ClingZ products are a technological marvel, serving an array of print platforms including offset, digital, and wide format. With the support of Wingate Partners, this is our fifth significant transaction in just over four years of partnership. I am excited about the ClingZ customers and products becoming part of Nekoosa’s portfolio and growth story. We will take great care of all employees throughout the business integration process."
Moritz Schlenzig, CEO of ClingZ, added that "Nekoosa is a great partner to build on ClingZ’s strong franchise and to support future growth by offering expanded manufacturing scale and innovative product development."
The ClingZ operation will be integrated with the Nekoosa, Wis., facility in the second quarter of 2017.
ClingZ is a manufacturer of adhesive-free, electrically charged graphic media and premium low-tac films, for temporary marketing and signage applications.
Nekoosa is comprised of three business units: Nekoosa Coated Products, RT Tape Corp., and CET Films Corp.
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