Coveris® Advanced Coatings, a global and highly respected leader in the development, manufacture and distribution of precision coated papers, films and specialty substrates for imaging, electronic, medical, optical and security technologies, has purchased InteliCoat Technologies™, a global market leader in the development and fulfilment of high performance digital imaging substrates. The sale of InteliCoat to Coveris Advanced Coatings enables improved product development, financial stability and purchasing power, which will allow the new entity to remain uniquely competitive and responsive as a global manufacturer.
There is an extensive and positive history of cooperation between the two Sun Capital Partner businesses spanning over 24 years. While corporate ownership of the organisation will change, all Magic®, Magiclée®, Museo® and JetSet® offerings, which will gather under the name ‘digital imaging’, will remain unchanged, consisting of the same base papers and coating processes. The InteliCoat brands will continue to be sold through the company’s current distribution channel of Magic brand dealers. Additionally, InteliCoat’s sales, marketing and customer service team will remain in Western Massachusetts, USA.