tesa tape Buys Functional Coatings
tesa tape has purchased Newburyport, Massachusetts-based Functional Coatings, a move that will enable it to make headway in the building and construction fields.
“The innovative adhesive tape and sealing products from Functional Coatings, Inc. are the perfect addition to our existing tesa product range in the building supply segment,” notes Paul Sullivan, president and regional manager of tesa tape. “This will help us tap into the full potential of this resurgent segment in North America.”
Founded in 1989 by Robert Lynch, Functional Coatings has grown to 80 employees. Ownership currently belongs to second generation family members Stephen and David Lynch, as well as general manager Gerald Fortier. The company is known primarily for VOC-free adhesive tapes on a butyl hybrid basis. The thick, easily processed high-performance tapes offer various advantages over VOC-emitting methods such as bitumen or asphalt solutions. In addition, the company has a broad spectrum of solutions for fast, reliable processing – even at low and high temperatures.
“Functional Coatings, Inc. looks forward to the opportunity to contribute our unique knowledge and expertise and achieve even stronger growth in the future,” says Stephen Lynch. “We found a strong partner with tesa as they are a global leading manufacturer of technical adhesive tapes and self-adhesive solutions.”