MONTREAL — Intertape Polymer Group has announced an agreement to acquire Canadian Technical Tape, a privately owned supplier of industrial and specialty tapes doing business as Cantech. The approximately $63 million purchase will be accompanied by an increase in Intertape Polymer’s borrowing capacity from $300 to $450 million. The acquisition will increase the company’s product offerings and distribution channels.
Intertape Polymer to buy Cantech
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