Durability + Design

Building Performance and Aesthetics

A Product of Technology Publishing
JPCL/PaintSquare | D+D | Paint BidTracker

Subscribe to D+D Magazine

Paint and Coatings Industry News

Main News Page


3M to Acquire Tape Business of Taiwan-Based Company

Tuesday, October 19, 2010

Comment | More

3M Company announced a definitive agreement to acquire the tape-related assets of Alpha Beta Enterprise Company Ltd., a manufacturer of box sealing tape and masking tape based in Taipei, Taiwan.

3M said Alpha Beta has steadily expanded its market reach, and “is recognized around the world as one of the leading manufacturers of general-purpose box sealing and masking tapes.” The business employs approximately 290 people, with headquarters in Taipei and manufacturing operations in Kuan-Yin.

The transaction is expected to be completed in the first quarter 2011, subject to customary closing conditions and regulatory approvals. Upon completion of the transaction, the Alpha Beta Tape Business will become a part of the 3M Industrial Adhesives and Tapes Division’s Global Tapes and Adhesives (GTA) business unit.

Patrick Deconinck, vice president and general manager, 3M Industrial Adhesives and Tapes Division, said the acquisition “further demonstrates our commitment as a leader in pressure-sensitive tapes.” George Chao, managing director, 3M Taiwan, said the deal expands the company’s manufacturing footprint in Asia-Pacific region and its high-volume masking and packaging-tapes product line.

   

Tagged categories: 3M; Acquisitions; Mergers

Comment Join the Conversation:

Sign in to our community to add your comments.

Chemique Inc.
Graffiti Control Made Easy!TM

Artisan® Anti-Graffiti products for quick and easy removal of graffiti. Can be applied onto wood, brick, natural stone, concrete, stucco, metal, painted surfaces, and more. Water based and VOC compliant.


 Allied Construction Technologies, Inc.
No Jackhammers Required.

AC•Tech’s OBS™ treatment rescues old oily, contaminated concrete slabs and allows new coatings or flooring to be installed with confidence. 10-year warranty.


Hanley Wood Exhibitions


L. M. Scofield
Scofield High-Performance Concrete Floors

Scofield's Formula One Polished Concrete System is the next step in the evolution of architectural concrete: durable, low-maintenance and sustainable.


Arroworthy
ArroWorthy's Handcrafted Professional Brushes

One Dip of paint with our handcrafted semi-oval Rembrandt brush, you'll see why ArroWorthy makes a professional brush of unrivaled quality and performance.


Westcoat
Bringing New Colors To Concrete Surfaces

Liven up your concrete surfaces with Westcoat's newest color choices. Introducing a myriad of Fast Stain, Liquid Dazzle, and Texture-Crete Interior colors.


SSPC: The Society for Protective Coatings
http://www.sspc.org/

Join SSPC and Enhance
Your Career !

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE D+D:      Interact   |   Blogs   |   Resources   |   Buying Guides   |   Webinars   |   White Papers   |   Classifieds
GET D+D:      Subscribe   |   Advertising Media Kit
KNOW D+D:      About D+D   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2010-2014, Technology Publishing, Co., All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com