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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