Duraco Specialty Tapes, a manufacturer of pressure-sensitive tapes and specialty materials, recently bought 3 Sigma, a provider of pressure-sensitive products and specialty coatings.
Terms of the transaction were not disclosed.
Headquartered in Troy, Ohio, 3 Sigma has a variety of coating technologies and in-house adhesive formulation capabilities. Brixey & Meyer Capital had been the owner of 3 Sigma until the sale.
Duraco is owned by OpenGate Capital, which acquired Duraco in June 2019. OpenGate Capital previously bought Infinity Tapes in February 2020 and Filmquest Group in March 2021.
Established in 2005, OpenGate Capital is headquartered in Los Angeles, California, with a European office in Paris, France.