Filtrona sticks Stera on to its portfolio

Bridlington-based Stera Holdings, which trades as Stera Tape, was bought from family and employee shareholders of the company.

Stera Tape makes high quality speciality adhesive tapes.

Filtrona said that the business will fit in well with its Duraco business, which is now part of Filtrona's Protection & Finishing Products division.

Stera has gross assets of around 2.6m.

Mark Harper, chief executive of Filtrona, said: "The acquisition of Stera Tape is an excellent addition to Duraco, the speciality adhesive tapes business acquired in 2007.

"Stera Tape has a strong reputation for producing high quality double-sided transfer and tissue tapes and these products will significantly enhance Duraco's product offering both in the US and Europe."

Filtrona said the acquisition demonstrates the group's commitment to build on its strong market positions.

Stera Tape was founded in 1989. Before that it was known as Sterling Adhesive Materials.

The tape manufacturer relocated from Scarborough to its present site in 1986.

The company now has trading partners in over 60 countries.

Its tapes can range from as narrow as 2mm to as wide as 1600mm. The roll length could be as little as five metres to 15,000 metres.