Super-sealed solutions ALT Technologies is a global leader in the development and manufacture of special adhesives and sealants for a broad range of industries. Following its recent takeover by GIMV Smart Industries, it has ambitious plans for further growth in Asia and the Americas, as Philip Yorke reports.
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LT is the heir to a long tradition of innovation and manufacturing expertise that began in 1935 when R. Stanton Avery manufactured the world’s first self-adhesive labels in Los Angeles. In 1990, trading as Avery Dennison, it started the development of automotive safety products in the USA, which was followed in 1997 by the construction of manufacturing facilities for automotive safety components in Utrecht, the Netherlands. Subsequently, an investment of €1.5 million enabled the company to acquire new process technology and to be accredited to ISO TS 16949, which in turn paved the way for further capital investment for its global expansion. By 2004, consistent growth had provided the impetus for the company’s construction of new production facilities in Romania and a new sales office in China. By 2012 ALT Technologies had opened its dedicated, state-of-the-art facilities in Shanghai, China as well as a new sales office in Detroit, USA. In October 2018 ALT Technologies also opened a new, high-tech production facility in Mexico. The company’s stated mission is to develop and deliver valueadded solutions to the automotive-durable goods and other industries that are designed to surpass and exceed their customers’ needs and expectations. With its global presence and total quality management approach it guarantees to meet customer quality and service requirements worldwide. 48 Industry Europe
In keeping with its dedication to providing innovative and eco-friendly solutions, ALT Technologies has recently entered into a strategic alliance with Biolink, a leading specialist in customised, self-adhesive tapes. These products combine high-tech innovative formulas with eco-friendly solutions. Since 1997, Biolink has been designing, developing and producing a wide range of specialist self-adhesive products using its unique UV-cured technology and customer-focused approach. Biolink’s products and R&D capabilities perfectly compliment those of ALT Technologies and will help to increase yet further its competitive edge.
Ambitious plans The global investment company GIMV has recently taken over the Dutch ALT Technologies Company from Standard Investment, which has held a majority stake in it since 2011. GMV has acquired a 67 per cent stake, while the balance is held by the company’s management team under the leadership of CEO Jean-Luc Verstraeten. ALT Technologies has since confirmed its ambitious plans for growth in Asia and the Americas. The automotive airbag market is expected to see strong growth over the coming years, which is being driven by the implementation of more safety regulations in the world’s emerging markets, and especially by the tightening of safety regulations for new vehicles.