CCT Coating & Converting Technology becomes part of Swiss ATP Adhesive Systems Group

Wollerau, Switzerland – The U.S. based adhesive tape specialist CCT Coating & Converting Technologies Inc. is becoming part of leading water based specialty adhesive tapes manufacturer ATP Adhesive Systems Group, based in Switzerland. The combination strengthens the market position of both companies and allows ATP to offer an even wider range of tailor-made solutions to its customers.

ATP Adhesive Systems Group is the pioneer and market leader in high performance adhesive tapes, exclusively focusing on water based technology since over 30 years. The company serves a wide range of end markets, including construction, medical, mobility, electronic applications and general industries, offering tailor-made solutions through its in-house research and development capabilities. ATP employs approximately 400 staff in its production sites in Germany and the U.K., as well as in its headquarters and development center in Switzerland.

CCT Coating & Converting Technologies Inc has established itself as leading solution provider in the U.S. mainly to clients in the healthcare sector with leading coating and converting capabilities of specialized adhesive tapes over the past 20 years. CCT’s founder Robert Dempsey, as well as CEO Rich Hipp, together with their team will continue to run the firm’s operations from their Philadelphia location.

Both firms’ mutual dedication to offer tailor made solutions to its customers, coupled with ATP’s research and development and coating expertise, as well as CCT’s long-established presence and reputation in the U.S. market are highly complementary. The management teams of both companies expect to significantly increase its service offering especially to its U.S. customers.

“We have known Rob and CCT for many years and are delighted to welcome the entire CCT team to the ATP family. We have always viewed CCT as an outstanding platform and cannot wait to start working together. We will significantly invest into CCT’s operations to provide its North American customers with the best possible product. Our acquisition of CCT again highlights ATP’s strong ambition to expand internationally and further diversify its offering,” said Daniel Heini, CEO of ATP.

“I am very excited for CCT to become part of ATP, whose DNA is very similar to ours and focuses around offering the best solution to customers. Further having access to ATP’s leading adhesive technology and formulation know-how will enable us to establish CCT as one of the leading speciality adhesive tapes manufacturers in the U.S.,” said Rich Hipp, CEO of CCT.