# Intertape Polymer Group completes acquisition of Cantech for $67 million

Intertape Polymer Group Inc. completed the acquisition of substantially all assets of Canadian Technical Tape Ltd. (Cantech), a North American supplier of industrial and specialty tapes based in Montreal, for approximately $67 million.

- Type: Acquisition
- Announced: 2017-07-01
- Where: Montreal, Canada, Canada
- Value: $67.0M
- Status: completed
- Products: industrial and specialty tapes
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Intertape Polymer Group](https://endata.com/companies/3611.md) (acquirer)
- [Canadian Technical Tape Ltd.](https://endata.com/companies/25377.md) (target)

## Sources

- [midlandco.com](https://www.midlandco.com/intertape-polymer-group-ipg-completes-transaction-to-acquire-cantech/), 2017-07-05: "The Cantech acquisition will further enhance and extend the Company’s product offering, and provide additional distribution channels for IPG products in Canada, the US, and Europe."
- [pdachain.com](https://www.pdachain.com/2017/08/01/ipg-completes-transaction-to-acquire-cantech/), 2017-08-01: "IPG announced the completion on July 1 of the previously announced transaction to acquire substantially all of the assets of Canadian Technical Tape Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.