Transilwrap Company, Inc. acquires Quest Films Inc.
Friday, December 04, 2009
Press release from the issuing company
FRANKLIN PARK, Ill. – Transilwrap Company, Inc. announced that it has acquired Quest Films Inc. of Woodstock, Ill. This acquisition represents Transilwrap's long-term commitment to superior quality, customer service and product innovation through industry consolidation and partnership.
"Quest Films has been a highly respected competitor of Transilwrap for over 10 years and has built a loyal customer following during that time," said Mark Stevens, Transilwrap CEO. "Not only are we happy to be
adding Quest's valued customers and products to Transilwrap's existing market position, we are anxious to work alongside its valued employees. We are also proud to welcome the principals of Quest Films into the Transilwrap family as key members of our management team, as they help us leverage the strength of two great companies in the coming years."
"We look forward to the vast resources, innovative product development, and expansion of products and services available to our customers that will come from this transaction," says Dennis Kuta, former president of Quest.
The acquisition of Quest solidifies Transilwrap's leading market position by adding Quest's growing specialty film business, and provides a unique opportunity to acquire experienced management talent in the highly
specialized business of thermal laminating films.
Three former owners of Quest will join Transilwrap's management team effective immediately. Dennis Kuta will assume the position of general manager-lamination group. David Thomas, previously the vice president of operations at Quest, will become Transilwrap's director of global purchasing. And Jeff McIntosh, Quest's vice president of manufacturing, will join the operations management team in Franklin Park.