Argotec LLC, a Greenfield, Mass.-based producer of high performance thermoplastic polyurethane (TPU) film and sheet for the international specialty films industry, announced it acquired Stevens Urethane, of Easthampton, Mass. The transaction was effective May 1.
“The two companies are an ideal fit,” says Argotec president and CEO Guy Broadbent. “Our specialty is aliphatic polyurethane film and sheet. Stevens is very good at extruding aromatic TPU film and sheet.”
Broadbent 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 the difficult-to-extrude products.