Stokvis Tapes, international group specialised in the production of adhesive solutions for industry, has acquired Tecnotapes, Italian company specialized in the conversion and distribution of technical adhesive tapes.
With this acquisition, Stokvis will enter the Italian market and strengthen its presence in the European markets.
The Group has a total turnover of 100 million euros. Tecnotapes, founded in 1974, offers innovative adhesive solutions.
Cavour Corporate Finance advised Stokvis Tapes together with the consulting company CDI.