Nekoosa Holdings Inc. added graphic media supplier ClingZ Inc. of Rio Rancho, N.M., to its multi-faceted portfolio on Jan. 9. Terms were not disclosed.
ClingZ makes premium materials for temporary marketing and signage applications and says it is committed to products that are non-toxic, PVC-free, eco-sensitive and recyclable.
ClingZ is credited with inventing and being the first commercial producer of electrically charged polypropylene film. Its lines include ClingZ-brand adhesive-free electrically charged and ZTac-brand low-tack films.
Nekoosa Holdings CEO Paul Charapata said the ClingZ acquisition enables the firm to provide customers with offset, digital and wide-format print platforms. Nekoosa Holdings will integrate ClingZ's operations in the second quarter.
Moritz Schlenzig, ClingZ CEO, said in a statement that he looks forward to the new relationship driving global growth.
Other divisions of the Nekoosa, Wis.-based holding company manufacture specialty papers, application tape and pre-masks, packaging films, special effects films, durable over laminates, surface protection films and graphics transfer tapes.
Private equity firm Wingate Partners LLP of Dallas acquired carbonless and specialty paper maker Nekoosa Coated Products in 2012. Nekoosa's roots extend back to 3M Corp. in 1961. It became known as Nekoosa in 2005.
Among other lines, Nekoosa Coated Products makes laser-engravable security films from impact-modified acrylic, PET, polycarbonate and PVC.
In 2013 Wingate acquired IGI Corp. and added IGI units RTape Corp. of South Plainfield, N.J., and extrusion specialist CET Films Corp. of Lakewood, N.J., to the Nekoosa Holdings portfolio. Charapata oversees all operations.
In other deals, Nekoosa Holdings acquired Main Tape Co. Inc. of Cranbury, N.J., in May 2015, sold Main Tape's surface protection business in July 2016 to Paris-based Chargeurs Group and retained Main Tape's graphics product portfolio under the RTape unit.