# Intertape Polymer Group to acquire Nuevopak for $43.8M

Intertape Polymer Group has entered into a definitive agreement to acquire Nuevopak Global, a Hong Kong-headquartered maker of protective packaging machines, for about $43.8 million in total cash consideration.

- Type: Acquisition
- Announced: 2021-06-30
- Where: Hong Kong, Hong Kong SAR China
- Value: $43.8M
- Status: announced
- Products: void-fill and cushioning protective packaging machines, paper dispensing machines, converted paper for protective packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Intertape Polymer Group](https://endata.com/companies/3611.md) (acquirer)
- [Nuevopak Global](https://endata.com/companies/8134.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/880224/000088022421000069/projectnewspressrelease.htm), 2021-06-30: "Nuevopak designs and develops a range of machines to provide void-fill and cushioning protective packaging solutions."
- [midlandco.com](https://www.midlandco.com/intertape-polymer-group-announces-agreement-to-acquire-nuevopak/), 2021-07-01: "IPG announced it has entered into a definitive agreement to acquire Nuevopak Global Limited for approximately $43.8 million in total cash consideration."

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