TEXTILES.ORG
Herculite® Products Inc. announces the acquisition of Strata Film Coatings, a manufacturer of advanced film coating solutions. A company press release says the strategic acquisition marks “a significant milestone in Herculite’s ongoing commitment to expand its product offerings and enhance its market presence.”
“We are thrilled to welcome Strata Film Coatings into the Herculite family. Their expertise in film coating complements our existing product offering and aligns perfectly with our vision of providing innovative value-enhancing solutions to our customers,” says Peter McKernan, Sr., CEO of Herculite Products Inc. “The acquisition enables us to further differentiate our value proposition with an even broader range of products and services distinguished by their exceptional quality and innovation.”
“Joining forces with Herculite is a fantastic opportunity for Strata Film Coatings, given our shared values and business principles,” a spokesperson for Strata Film Coatings adds. “Herculite’s 75-year commitment to industry-leading innovation, quality and customer satisfaction enhances our ability to deliver solutions across a broader portfolio.”
Strata Film Coatings manufactures products for various applications, including marine enclosures, automotive, architectural windows, protective coverings, shade systems, medical supplies and personal protective equipment.
The acquisition of Strata Films Coatings is part of Herculite’s strategic plan, which the company says is to expand its market capability and strengthen its position as a total solution provider in high-performance technical textile composites.