Zotefoams acquires US crosslinked foam maker Verttec for up to USD 7.3m

Zotefoams has acquired Pennsylvania-based Verttec, a maker of crosslinked technical roll foam, for up to USD 7.3m, adding a product line it previously lacked in the US. The deal comprises USD 5.1m paid upfront on a cash-free, debt-free basis, plus up to USD 2.2m in earn-outs over 24 months tied to revenue performance. Verttec will keep operating from its existing Pennsylvania site under current president Ryan Dempsey.

Why this mattersBuying rather than building gives Zotefoams US crosslinked-foam capacity for up to USD 7.3m, against an estimated USD 20m and five years to replicate it organically.

• Zotefoams pays up to USD 7.3m for Verttec, including USD 5.1m upfront and up to USD 2.2m in contingent earn-outs over 24 months.
• Verttec reported unaudited revenue of USD 5.1m and adjusted EBITDA of USD 0.3m for the year ended 31 December 2025.
• Verttec's revenue has grown at a compound annual growth rate of approximately 9% since 2023.
• Zotefoams estimated organic replication of Verttec's capabilities would cost approximately USD 20m and take five years.
• Verttec operates two crosslinked roll foam production lines at its East Greenville, Pennsylvania facility, which continue under the deal.
• Ryan Dempsey remains Verttec president under a new employment agreement.

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