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Hanita Sold for $75 M

thefen

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Glass Tinting Supplies

Glass Tinting Supplies

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Hanita Coatings don't just manufacture window film, they also produce a range of specialized material coating products via their print division.

This could open the door for a company such as Avery to acquire access to these types of coatings for their existing products.

 

It may be for some of the other products they produce via Hanita Coatings that attracted the buyer.

Including flame retardant coatings.

Plus their exterior window film coatings are of the highest standard also.

 

"An interesting application of specialist coating development is Hanita Coatings’ new flame retardant films.  These black, white and translucent one and one and a half mil (25 and 36 micron) printable face films meet the demanding UL 94 VTM-0 flame retardancy rating, helping prevent the propagation of fire.

 

Hanita’s Halogen-free FR films deliver full printability by conventional print processes and thermal transfer, or may be used as flame retardant base media for non-printable applications.

 

‘Up to now,’ explains Gadi Arnon, product manager for Hanita’s Print division, ‘flame retardant labels have been based on either thick, expensive PET films extruded with FR additives, or high-cost Polyimide substrates. Hanita is offering an affordable, thin and effective solution to the flame propagation requirements of the electronic appliance market, based on a proprietary coating development.’

 

Hanita’s REACH and RoHS compliant flame retardant label films are particularly suitable for the highly competitive appliance battery market. They also provide an excellent solution for label applications demanding high-level flame retardancy performance in environments such as chemical plants or refineries."

 

I agree with Roach.. If this is a total buy out, then 75 mil is a bargain...

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