The owners of Cotek Papers Limited have completed the sale of their business to German manufacturer of silicone-coated films and papers, Laufenberg, with advice from Lodders’ corporate team.
The owners of Cotek Papers Limited, the UK’s leading producer of specialist double sided and differential release paper and release film, have completed the sale of the business to German manufacturer of silicone coated films and papers, Laufenberg, with advice from Lodders’ corporate team.
Based in Moreton-in-Marsh in the Cotswolds, Cotek has established a reputation for high quality and innovative solutions in the production of accurate and stable silicone release coatings on all types of paper and film, using the latest generation of solvent free coating machinery.
Its customers include manufacturers of double sided adhesive tapes, hot melt adhesive packaging, butyl mastic sealant and pre-preg composite fibre, together with companies in the medical, graphic art, automotive, personal hygiene and bag closures industries.
Family business
The family-run and owned business supplies adhesive tape and packaging manufacturers and companies in the medical, graphic art, automotive, personal hygiene and bag closures industries.
Brothers Adam and Scott Hazell sold the business with advice from Lodders’ corporate and commercial team.
Leading the team was corporate partner, Graham Spalding, who says: “It has been great to act for Adam and Scott on their sale of Cotek Papers Limited, which has been in the family for a number of years.
“The sale of the company to Laufenberg ensures the future of the business for the benefit of its customers and employees, and we wish Jorg Soding and all the team at Cotek every success for the future development of Cotek.”
Deals
The deal follows hot on the heels of Lodders corporate and commercial team’s work for Whitehouse Industries Limited on its sale of specialist diaphragm pump business, Flotronic Pumps Limited, to US corporation Unibloc, and the owners of furniture and props hire business Granger Hertzog Limited on its sale to a new company owned by management and the sellers.
Lodders is the premier law firm in Warwickshire, the West Midlands, the Three Counties and the Cotswolds, and offers expert legal advice to owner managers and business owners looking to divest, grow and raise finance.
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