Lintec Acquires MACtac Americas, LLC

Group to strengthen foundation for printing adhesive papers and films business in North America

LINTEC Corporation, Executive Officer, Sumio Morimoto, General Manager, Printing & Variable Information Products Operations, Business Administration Div. (Photo: Business Wire)

TOKYO--()--LINTEC Corporation (hereinafter “LINTEC”) (TOKYO:7966)(ISIN:JP3977200009) has been in discussion with Evergreen Holdings IV, LLC (hereinafter “Evergreen”), a wholly owning investor of MACtac Americas Holdings, LLC, regarding the Acquisition of all the membership interests of MACtac Americas, LLC (head office: Ohio, the United States, hereinafter “MACtac”), a wholly owned subsidiary of MACtac Americas Holdings, LLC and a manufacturer and distributor of adhesive papers and films for printing in the United States. At a meeting held on October 24, 2016, the Board of Directors of LINTEC resolved to acquire all membership interests of MACtac through its wholly owned holding company in the United States, LINTEC USA Holding, Inc. (head office: Massachusetts, the United States), and concluded a purchase agreement with Evergreen. LINTEC completed procedures for the acquisition on December 1, 2016. Details are as follows:

Background on the Acquisition

LINTEC and its consolidated subsidiaries (hereinafter “the Group”) adopted a “return to a growth path through active management and continuous innovation” as their basic policy in LINTEC INNOVATION PLAN 2016 (LIP-2016), a three-year medium-term business plan launched in April 2014. Based on that policy, the Group has worked on key initiatives, such as “further promotion of global development” for expanding operations in countries and regions expected to achieve economic development and “promotion of strategic M&A” for rapidly executing business strategies.

MACtac will maintain its manufacturing bases in the United States and Mexico and continue to develop adhesive papers and films for printing, mainly in North America. It has built a solid position in the U.S. market by developing products using its unique excellent adhesion formula and high-speed coating technology. MACtac also deals with graphic sheets and various kinds of industrial and medical tapes.

LINTEC is convinced that full-scale entry into the North American market for adhesive papers and films for printing and proactive development of its original products using its own technological development capabilities through MACtac will contribute significantly to the acceleration of the global development of Printing and Variable Information Products Operations, the core business of the Group. LINTEC also plans to link MACtac’s acquisition to business enhancement and expansion not only in the North American market, but also Japan and other regions, by utilizing MACtac’s unique technical capabilities and brand equity and maximizing synergy with LINTEC’s technologies.

Overview of MACtac Americas, LLC

- Company name   MACtac Americas, LLC
- Head office Stow, Ohio, the United States
- Establishment 1959
- Business description Manufacture and sales of label materials for printing, VIP label materials, graphic sheets, industrial and medical tapes, etc.
- Net sales / Operating income Net sales   US$ 304 million

  (Fiscal year ended December 31, 2015)

Operating income US$ 26 million
- Share of net sales Materials for printing, VIP label materials 79%
Graphic sheets 12%
Industrial and medical tapes, etc. 9%

We will provide customer companies in North America with high-quality products by maximizing synergy effects.
LINTEC Corporation, Executive Officer, Sumio Morimoto
General Manager, Printing & Variable Information Products Operations, Business Administration Div.

Entering the North American market in earnest through the acquisition of a leading company

In recent years, the Group has been strengthening its local manufacturing and sales bases mainly in Asia where the market continues to grow rapidly, developing sales channels and expanding the brand recognition in Europe by making its first full presentation in LABELEXPO EUROPE 2015. In November 2016, the Group made LINTEC Graphic Films Ltd. in the United Kingdom, which was a partner company in sales, a subsidiary to further strengthen the network in Europe, including LINTEC Europe B.V., a sales subsidiary in the Netherlands.
Subsequently, the Group has decided to acquire MACtac, a manufacturer of adhesive papers and films for printing, aiming to quickly build a sales channel that will cover the boundless market in North America that accounts for approximately 30% of the global adhesive label materials market and continues to grow stably at an annual rate of 2 to 3%.

Vigorously pushing forward with efforts to improve customer satisfaction by integrating with MACtac

The primary reason for choosing MACtac is that it has a long-standing delivery record, strong brand power as well as excellent relations and an impressive sales network with more than 1,000 quality customer companies in the North American market. It is also a manufacturer that has already established a firm footing as a peer of LINTEC. While LINTEC has strength in film-based products, the main products of MACtac are paper-based. In addition, MACtac has unique technology for formulating hot-melt adhesives, which LINTEC does not have, as well as high-speed coating facilities. Given these features, we believe that future synergies are very promising.
We will provide customer companies mainly in North America with better quality products and services by developing and proposing new products through the integration of MACtac’s own technologies and LINTEC’s material development technologies, while proactively developing LINTEC’s original products in the North American market, harnessing brand power and the sales network of MACtac.


LINTEC is a leading company in the field of adhesive materials. The product lineup covers many diversified fields including not only adhesive papers and films for seals and labels, but also shatter-proof window films, adhesive sheets for outdoor signs, interior finishing mounting sheets, automobile-use adhesive products, semiconductor-related tape, and LCD-related adhesive products.
LINTEC also develops and markets a diverse range of specialty paper products including color papers for envelopes, as well as release papers and films, and casting papers. The base paper, release liners used with adhesives are supplied internally and products using this process technology are widely available on the market.

*Photographic data used in this news release can be downloaded from


Inquiries concerning this news release:
LINTEC Corporation
Ms. Aya Shoji, +81-3-5565-8419
Public Relations Office


Inquiries concerning this news release:
LINTEC Corporation
Ms. Aya Shoji, +81-3-5565-8419
Public Relations Office