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Vybond Launches as Nautic Partners Completes Acquisition of Specialty Tapes Business from Berry Global in Partnership with Management

1. Nautic Partners acquired Berry Global's Specialty Tapes business, now Vybond™. 2. Vybond operates with over 1,500 SKUs and targets various industrial markets. 3. Management aims to drive innovation and market expansion for Vybond. 4. The acquisition emphasizes Vybond's potential for growth amid evolving customer demands. 5. Independence positions Vybond to redefine capabilities in the specialty tape industry.

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FAQ

Why Neutral?

The divestiture reduces Berry's specialty segment impact, but overall company health remains stable.

How important is it?

The transition of Vybond could influence Berry's financial structure but isn't critical.

Why Long Term?

The long-term growth potential of Vybond could indirectly affect Berry's future performance.

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BERY
FRANKLIN, Ky.--(BUSINESS WIRE)--Nautic Partners, LLC (“Nautic”), in partnership with management, has officially completed its acquisition of the Specialty Tapes business from Berry Global Group, Inc. (NYSE: BERY), unveiling the newly branded company, Vybond™. As a standalone business, Vybond is positioned to expand its leadership in pressure-sensitive adhesive tapes, delivering innovative solutions to industrial and specialty markets worldwide. With its headquarters in Franklin, KY, and operations in Riverhead, NY, and Bristol, RI, Vybond boasts a diverse portfolio of over 1,500 SKUs across 500+ product families. Vybond’s expansive portfolio includes over 60 years of heritage from brands such as Adchem®, Ludlow®, Nashua®, Patco®, and Polyken®, serving industries such as HVAC, Building & Construction, Medical, Aerospace, Automotive, and Retail–the company’s products are relied upon by more than 1,500 customers globally. As an independent entity, Vybond is now poised to accelerate its growth by innovating new product offerings and enhancing its ability to respond to evolving customer needs. 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.

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