Valfilm North America announced today the close of the purchase of Dow Chemical's polyolefin films plant in Findlay, OH. Included in the acquisition are both the plant's physical assets and the majority of intellectual property practiced at the facility.
"The Findlay site is an attractive acquisition for us and will be a good fit for our growth strategy in North America," stated Carlo Bergamaschi, managing director for Valfilm. "We are committed to maintaining a close relationship with all of Findlay's customers to ensure a smooth transition and support their current and future product needs."
Included in the transaction are a wide-variety of polyolefin films including wire and cable wrap film, automotive adhesive film and barrier films.