Intertape Polymer Group acquired Clysar, which will operate as Clysar, an IPG Company, alongside its Exlfilm brand in the shrink film category.
Clearlake Capital Group agreed on March 8, 2022 to acquire Intertape Polymer Group in an all-cash deal at CDN$40.50 per share, valued at about US$2.6 billion including net debt. IPG will become privately held after completion.
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.
Intertape Polymer Group agreed to acquire Schaumburg, Illinois-based Nortech Packaging and Tishma Technologies, makers of automated packaging machines. XLCS Partners advised the sellers.
Intertape Polymer Group agreed to acquire substantially all operating assets of Nortech Packaging, a maker of automated packaging machines near Chicago, Illinois, for about $36.5 million in cash plus potential earn-out. The deal was announced on February 10, 2020.
Intertape Polymer Group agreed to acquire 100% of Polyair Inter Pack, a private protective packaging maker with seven North American plants, for about $146 million in cash, subject to closing adjustments.