Duraco Buys Strata-Tac

Duraco Buys Strata-Tac

Duraco Specialty Materials recently bought Strata-Tac, Inc., a manufacturer of custom-engineered pressure-sensitive self-adhesive products and top-coated films.

Terms of the transaction were not disclosed.

Strata-Tac, headquartered in St. Charles, Illinois, was founded in 1995. Duraco is headquartered in Forest Park, Illinois, and has a workforce of 400 employees.

“The addition of Strata-Tac’s expertise in water-based chemistries complements Duraco’s growing portfolio of sustainable solutions, giving customers immediate access to a broader range of pressure-sensitive adhesives for labels and tapes, face stocks, and specialty-coated materials,” Duraco said in a news release.

OpenGate Capital, a global private equity firm, acquired Duraco in June 2019 through a corporate carveout from Essentra PLC and has since completed five add-on acquisitions with Infinity Tapes in February 2020, Filmquest Group Inc. in March 2021, 3 Sigma in November 2021, Rayven LLC in December 2021, and now Strata-Tac.