ITW Performance Polymers, an Illinois Tool Works company, has acquired M&C Specialties Co., a Pennsylvania-based contract manufacturer of custom-fabricated die-cut adhesive components, tapes, and labels to markets around the world. M&C Specialties also sells adhesive subassemblies, foils, and double- and single-coated foams. Services include precision rotary and flatbed die cutting, tape slitting, spool and level winding, single- and double-sided laminating, and flexographic and hot-stamp printing. M&C will continue to operate from its plants in Southampton, PA; Lancaster, CA; Athlone, Ireland; Tianjin and Shenzhen, China; and Mexicali, Mexico. All employees will remain with the business.

“The decision to sell the business to ITW after 62 years of Rauch family control was difficult and emotional,” said M&C Specialties President and CEO Donald Rauch in a letter to M&C customers. “I sincerely believe that with the support and resources of ITW and the current M&C management, the business will continue to prosper and grow to uncharted levels.”

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