Atlas Tapes Acquires PPM Industries S.p.A. from AUCTUS

Atlas Tapes S.A. has acquired PPM Industries S.p.A., an Italian manufacturer of masking and specialty adhesive tapes, from private equity firm AUCTUS following a roughly three-year investment period. PPM, headquartered in Brembate di Sopra, Italy, generated over €100 million in revenue and operates production sites in Italy, the UK and India; Atlas Tapes (Athens) will integrate PPM to expand its international scale and product offering.