Vybond Launches as Nautic Partners Completes Acquisition of Specialty Tapes Business from Berry Global in Partnership with Management
Nautic Partners has completed its acquisition of Berry Global Group's (NYSE: BERY) Specialty Tapes business, launching it as a new standalone company called Vybond. Headquartered in Franklin, KY, with operations in Riverhead, NY, and Bristol, RI, Vybond offers over 1,500 SKUs across 500+ product families. The company leverages 60+ years of heritage from brands including Adchem®, Ludlow®, Nashua®, Patco®, and Polyken®.
Vybond serves diverse industries including HVAC, Building & Construction, Medical, Aerospace, Automotive, and Retail, with a global customer base exceeding 1,500. As an independent entity, the company aims to accelerate growth through product innovation and enhanced customer responsiveness. Nautic Partners plans to invest in new technologies, operational capabilities, and market expansion to drive Vybond's development.
Nautic Partners ha completato l'acquisizione del business delle Specialty Tapes di Berry Global Group (NYSE: BERY), lanciandolo come una nuova azienda indipendente chiamata Vybond. Con sede a Franklin, KY, e operazioni a Riverhead, NY, e Bristol, RI, Vybond offre oltre 1.500 SKU in più di 500 famiglie di prodotti. L'azienda sfrutta oltre 60 anni di esperienza da marchi tra cui Adchem®, Ludlow®, Nashua®, Patco® e Polyken®.
Vybond serve settori diversificati tra cui HVAC, Edilizia & Costruzione, Medico, Aerospaziale, Automotive e Retail, con una clientela globale che supera 1.500 clienti. In quanto entità indipendente, l'azienda mira ad accelerare la crescita attraverso l'innovazione dei prodotti e una maggiore reattività nei confronti dei clienti. Nautic Partners prevede di investire in nuove tecnologie, capacità operative e espansione del mercato per promuovere lo sviluppo di Vybond.
Nautic Partners ha completado la adquisición del negocio de Specialty Tapes de Berry Global Group (NYSE: BERY), lanzándolo como una nueva empresa independiente llamada Vybond. Con sede en Franklin, KY, y operaciones en Riverhead, NY, y Bristol, RI, Vybond ofrece más de 1.500 SKU en más de 500 familias de productos. La empresa aprovecha más de 60 años de herencia de marcas como Adchem®, Ludlow®, Nashua®, Patco® y Polyken®.
Vybond atiende a diversas industrias, incluyendo HVAC, Construcción, Médico, Aeroespacial, Automotriz y Retail, con una base de clientes global que supera los 1.500. Como entidad independiente, la empresa tiene como objetivo acelerar su crecimiento a través de la innovación de productos y una mayor capacidad de respuesta al cliente. Nautic Partners planea invertir en nuevas tecnologías, capacidades operativas y expansión de mercado para impulsar el desarrollo de Vybond.
노틱 파트너스(Nautic Partners)는 베리 글로벌 그룹의(Berry Global Group) (NYSE: BERY) 전문 테이프 사업 인수를 완료하고, 이를 바이본드(Vybond)라는 새로운 독립 회사로 출범시켰습니다. 켄터키주 프랭클린에 본사를 두고 있으며, 뉴욕주 리버헤드와 로드아일랜드주 브리스틀에서 운영되고 있는 바이본드는 500개 이상의 제품군에서 1,500개 이상의 SKU를 제공합니다. 이 회사는 Adchem®, Ludlow®, Nashua®, Patco® 및 Polyken® 등의 브랜드에서 60년 이상의 유산을 활용하고 있습니다.
바이본드는 HVAC, 건축 및 건설, 의료, 항공우주, 자동차 및 소매 등 다양한 산업에 서비스를 제공하며, 전 세계 1,500명 이상의 고객을 보유하고 있습니다. 독립적인 기업으로서, 이 회사는 제품 혁신과 향상된 고객 대응을 통해 성장을 가속화할 계획입니다. 노틱 파트너스는 바이본드의 발전을 위해 새로운 기술, 운영 능력 및 시장 확장에 투자할 계획입니다.
Nautic Partners a finalisé l'acquisition de l'activité des Specialty Tapes de Berry Global Group (NYSE: BERY), la lançant en tant que nouvelle entreprise indépendante appelée Vybond. Son siège est situé à Franklin, KY, avec des opérations à Riverhead, NY, et à Bristol, RI. Vybond propose plus de 1 500 SKU dans plus de 500 familles de produits. L'entreprise s'appuie sur plus de 60 ans de patrimoine de marques telles qu'Adchem®, Ludlow®, Nashua®, Patco® et Polyken®.
Vybond sert divers secteurs, notamment le CVC, le bâtiment et la construction, la médecine, l'aérospatiale, l'automobile et le commerce de détail, avec une base de clients mondiale dépassant 1 500. En tant qu'entité indépendante, l'entreprise vise à accélérer sa croissance grâce à l'innovation produit et à une meilleure réactivité vis-à-vis des clients. Nautic Partners prévoit d'investir dans de nouvelles technologies, des capacités opérationnelles et l'expansion du marché pour favoriser le développement de Vybond.
Nautic Partners hat die Übernahme des Specialty-Tapes-Geschäfts von Berry Global Group (NYSE: BERY) abgeschlossen und es als neues unabhängiges Unternehmen namens Vybond gegründet. Der Hauptsitz befindet sich in Franklin, KY, mit Standorten in Riverhead, NY, und Bristol, RI. Vybond bietet über 1.500 SKU in mehr als 500 Produktfamilien an. Das Unternehmen greift auf über 60 Jahre Erfahrung mit Marken wie Adchem®, Ludlow®, Nashua®, Patco® und Polyken® zurück.
Vybond bedient unterschiedliche Branchen, darunter HVAC, Bau & Konstruktion, Medizin, Luft- und Raumfahrt, Automobil und Einzelhandel, mit einer globalen Kundenbasis von über 1.500. Als eigenständige Einheit zielt das Unternehmen darauf ab, das Wachstum durch Produktinnovation und verbesserte Kundenreaktion zu beschleunigen. Nautic Partners plant, in neue Technologien, betriebliche Fähigkeiten und Markterweiterung zu investieren, um die Entwicklung von Vybond voranzutreiben.
- Creation of focused standalone specialty tapes business
- Extensive product portfolio with 1,500+ SKUs across 500+ product families
- Established customer base of 1,500+ global clients
- Diversified presence across multiple high-value industries
- Planned investment in new technologies and operational capabilities
- Integration and transition risks as a newly independent company
- Potential operational disruptions during ownership change
- Increased competition as a smaller standalone entity
Insights
The completion of Berry Global's Specialty Tapes business divestiture represents a significant strategic realignment that merits investor attention. This transaction aligns with the industry trend of portfolio optimization, where companies are increasingly focusing on core competencies to enhance shareholder value.
The deal's strategic implications for Berry Global are multifaceted:
- The divestiture should improve operational focus and potentially enhance ROIC by removing a non-core business unit
- Capital released from this transaction can be redeployed into higher-growth or higher-margin core operations
- The move reduces operational complexity, potentially leading to improved cost efficiency and margin expansion in remaining segments
The specialty tapes market's fragmented nature and high barriers to entry due to technical requirements make Vybond's positioning particularly interesting. With over 1,500 customers globally and 500+ product families, the business demonstrates strong market penetration. The company's presence in critical sectors like medical and aerospace suggests resilient revenue streams with typically higher margins than commodity tape products.
For Berry Global investors, this transaction likely represents a positive development. The company's strategic pivot towards core operations should enhance operational efficiency and potentially lead to multiple expansion as the market rewards a more focused business model. The retention of key management in Vybond suggests a well-executed transition that minimizes operational disruption.
The emergence of Vybond as an independent entity creates a compelling market opportunity in the specialty tapes sector. The company's strategic positioning is particularly noteworthy for several reasons:
- The diverse portfolio spanning 1,500 SKUs provides significant cross-selling opportunities and market coverage
- Strong presence in high-growth sectors like HVAC and medical supplies indicates potential for sustained revenue expansion
- The company's heritage brands (Adchem®, Ludlow®, Nashua®) bring established market recognition and customer loyalty
The specialty tapes market is experiencing robust growth driven by increasing demand in medical applications, automotive assembly and construction. Vybond's independence could accelerate product development cycles and market responsiveness, potentially capturing additional market share in these expanding sectors.
The combination of technical expertise and customer-centric service positions Vybond advantageously in a market where product customization and technical support are key differentiators. Nautic Partners' commitment to investing in new technologies and operational capabilities suggests a strong focus on maintaining technological leadership and market expansion.
With its headquarters in
Sean Wieland, Managing Director at Nautic Partners, highlighted the tremendous opportunity ahead for Vybond: “Vybond represents a powerful combination of technical expertise, customer-centric service, and market leadership. As a standalone business, it has the agility and focus needed to push boundaries, expand its reach, and drive innovation in the specialty materials space. We are excited that this is just the beginning of a new chapter of growth for Vybond.”
Mike Hill, Vybond CEO, emphasized the unique potential of Vybond in its next phase: “Vybond’s foundation as a trusted partner to its customers, coupled with its ability to deliver high-performance solutions across industries, positions it for exceptional growth. By leveraging its technical capabilities and focusing on untapped opportunities, Vybond has the potential to set new benchmarks in the industry.”
Nautic Partners plans to accelerate Vybond’s development by investing in new technologies, operational capabilities, and market expansion. Backed by its strong reputation and now equipped with greater independence and focus, Vybond is set to explore new capabilities, deliver innovative solutions, and deepen its relationships with customers across the globe.
With this transition complete, Vybond is ready to shape the future of specialty tapes and adhesives, redefining what’s possible in its markets. For more information about Vybond and its innovative products, please visit vybond.com or contact media@vybond.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250204346445/en/
Source: Vybond
FAQ
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