# Intertape Polymer Group acquires Maiweave LLC for $21 million

Intertape Polymer Group Inc. acquired substantially all operating assets of Maiweave LLC, a U.S. manufacturer of engineered coated polyolefin fabrics, for US$21 million. Maiweave has two manufacturing facilities in Springfield, Ohio and employs approximately 75 people.

- Type: Acquisition
- Announced: 2018-12-17
- Where: Springfield, Ohio, United States
- Value: $21.0M
- Jobs: 75
- Status: completed
- Products: engineered coated polyolefin fabrics, grain covers, salt pile covers, pit and pond liners, shelter fabrics, outdoor media, lumber mill packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Intertape Polymer Group](https://endata.com/companies/3611.md) (acquirer)
- [Maiweave LLC](https://endata.com/companies/36227.md) (target)

## Sources

- [canplastics.com](https://www.canplastics.com/packaging/intertape-polymer-acquires-polyolefin-fabric-maker-maiweave/1003449357/), 2018-12-17: "This acquisition is expected to provide us with an opportunity to consolidate a US-based engineered coated products manufacturer and expand the scale of our woven products offering."

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