Duraco Specialty Tapes Acquires Rayven, Inc.
December 8, 2021
Duraco Specialty Tapes, an OpenGate Capital portfolio company, has acquired Rayven, Inc., a St. Paul, Minnesota developer and manufacturer of coated functional films, specialty tapes, and release liners, from private sellers. The add-on expands Duraco's product development capabilities, adds coating capacity, and broadens its addressable markets in flexible packaging, building products, graphics, and healthcare.
- Buyers
- Duraco Specialty Tapes, OpenGate Capital
- Targets
- Rayven, Inc.
- Sellers
- Private sellers
- Platforms
- Duraco Specialty Tapes
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Addon
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