Argotec Reports Acquisition of Stevens Urethane

Published: May 05, 2014

GREENFIELD, MA | Argotec, a producer of high-performance thermoplastic polyurethane (TPU) film and sheet for the international specialty films industry, has acquired Stevens Urethane, Easthampton, MA. The purchase was effective May 1, 2014.

Argotec president and CEO Guy Broadbent says, “The two companies are an ideal fit. Our specialty is aliphatic polyurethane film and sheet. Stevens is very good at extruding aromatic TPU film and sheet.”

He says that once the two companies are fully integrated, Argotec will have the necessary technical and manufacturing resources to meet the rapidly increasing global demand for both of what he says are these difficult-to-extrude products.

Broadbent says Stevens’ customers will be able to continue working with many of the same people they have been comfortable working with over the years. He adds, “Argotec’s ownership will ensure that capital is available for continued plant expansion, organizational development, further improvements in product quality, and the ongoing innovation that is demanded by the industries we serve.”

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