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IPG enhances its specialty tape offering by signing an exclusive distribution deal with V. Himark (USA), Inc.

Intertape Polymer Group Inc. (TSX:ITP) (“Intertape”, “IPG”, or “the Company”), a leading manufacturer of industrial tapes and films, announced the execution of an agreement with V. Himark (USA), Inc., a leading manufacturer of Cactus brand specialty double-sided adhesive tapes and a wholly owned subsidiary of V. Himark Technology Ltd.

The agreement specifies geographies within North America where IPG will have sole distributor rights as well as marketing rights to Cactus brand products for converting and distribution beginning November 2, 2015.

“IPG’s distribution partners should benefit greatly from this agreement,” states Dean Blockowitz, IPG’s Vice President of Industrial Sales. “Our customers will now have access to a larger selection of products. This broader IPG portfolio will help our distribution partners to drive down their lead times and inventory costs.”

“We are pleased to enter into this win/win relationship with IPG” said Charlie Huang, President of V. Himark (USA), Inc. “This is a great opportunity for both companies to improve top line revenue by providing more local attention and resource to expand our customers’ application of Cactus branded products and help them reduce their operating costs.”

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