Loparex Group, a maker of release coated papers and films, has acquired the Douglas-Hanson Company of Hammond, WI. Douglas-Hanson, established in 1973, manufactures silicone-coated release papers and films and extrudes polycoated papers for the packaging industry. The Douglas-Hanson facility will operate under the name Loparex Inc.
According to Penti Kallio, president and CEO of Loparex Group, “As a result of this acquisition, two successful release liner companies with distinct capabilities and expertise will blend together to become an even stronger supplier in the manufacture and delivery of release liner products,” said Penti Kallio, president and CEO of Loparex Group. “This merger will enable Loparex to more effectively meet the continuing challenges of providing its customers with quality release liner products and services.”
In the third quarter of 2005, Loparex Group was acquired by ABN AMRO Capital.