Sale Details

Paper Coating Manufacturer - Release Liners

Environmentally-friendly manufacturer of release liners is immediately available. Among many positive attributes, the company possesses an A-list customer list, operates in a well-constructed 44K square foot building on 7.5 acres, has three well-maintained coating lines, a tenured and skilled workforce, and perfected operating systems.

Closed - Acquired By Strategic Buyer

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Locations of Assets:

Menteno, Illinois

Executive Summary

Hyperams LLC has been exclusively retained by the retiring owners of Enterprise Coated Products Inc. (“Enterprise”) to market and sell the business. The company has been in business for more than 25 years and is an outstanding opportunity for a strategic buyer seeking to add capacity, gain access to new customers and markets, or as a platform to grow and increase the enterprise value of a great family-run business.

Products & Services

Manufactures “release liners” used across many industries and incorporated into hundreds of products.

Enterprise silicone coats several substrates including but not limited to Densified, Polycoated, and Claycoated paper.

Up to 10 silicone types incorporated into many unique proprietary formulations used to coat the applicable paper type.

Operations Overview

The building and operations are in Manteno, Illinois, a southern suburb of Chicago.

The building is 44,000 SF on 7.5 acres, brick / block / steel construction, ceiling heights pf 22 to 24 feet, 4 docks, and 1 drive-in door, and equipped with ample power.

On 7.5 acres…land to expand.

Highway access is excellent.

Coating Lines

Three well-maintained coating lines, each incorporating and equipped with a flotation style dryer.

Paper widths that can be coated range from 41.5” to 69.0”.

Each line employs a 5-roll coating head approach, ensuring minimal coating with drift.

Shifts & Capacity

Only one shift is run, ample capacity to support growth.

Quick job changeover times.

Lab

Develops, maintains, and documents all silicone formulations used.

Production quality control, testing and monitoring silicone coat weights accordingly.

Plant Tour and Management Meeting Requests

A CIM and access to a data room are available upon executing a confidentiality agreement. As appropriate, plant tour and discussions with management requests are currently being accomodated. Formal letters of intent should be submitted as soon as practical.

Contact

Philip Sexauer
847-707-1075
psexauer@thehypergrp.com

No Warranties

Everything in this auction sale is sold “AS IS, WHERE IS and WITHOUT RECOURSE.” There are no warranties, guarantees or representations of any kind or variety, whether expressed, implied or otherwise given.

​​Payment

All purchases must be paid in full on the day of the auction, and are subject to an 18% buyer’s premium. To make payment arrangements by wire transfer, please contact our auction office. To arrange cash payment on-site, please contact the Auction Manager. Please be advised that although required to present a credit card to register with Proxbid and Equipment Facts, HyperAMS will not charge your card following the auction. Credit card payments are limited to $1,500 and will incur an additional 3% convenience fee (21% with buyer’s premium).​

Note to Buyers

We do not automatically charge your card following the auction. Credit card payments are limited to invoices under $1,500 and will incur a 3% convenience fee in addition to the buyer’s premium. Buyers hereby acknowledge the as-is nature of this auction sale and waive any right or further ability to cancel any sale or credit card charge.

Sales Tax

We will automatically apply appropriate state and county sales tax to your purchase unless you supply proper exemption documentation.