Hanita Coatings

Window Films for Insulation and Energy Efficiency

Industrial Technologies
Acquired by Avery Dennison on Dec, 2016

Company Overview

Snapshot

Founded in January 1983, Hanita Coatings operates with 51–200 employees. The company was acquired by Avery Dennison in December 2016, marking a significant milestone in its trajectory.

Business overview

Hanita Coatings, now operating as Avery Dennison Hanita, specializes in developing solar control and security films. Their product portfolio includes energy-efficient interior and exterior solar control films under the SolarZone brand and glazing security solutions under the SafetyZone brand, designed to protect against broken or flying glass. They also offer SolarZone Automotive film for window tinting. The company serves various markets by providing solutions that enhance energy efficiency and safety, operating within the Industrial Technologies sector.

Strategic signal

In December 2016, Hanita Coatings was acquired by Avery Dennison for $75 million. This acquisition highlights the strategic value of Hanita Coatings' specialized film technologies and provides Avery Dennison with an expanded presence in the solar control and security films market, signaling strong industry consolidation and demand for advanced material solutions.

Company Intelligence Q&A

When was Hanita Coatings acquired?
Hanita Coatings was acquired by Avery Dennison in December 2016.
What is Hanita Coatings' primary focus?
Hanita Coatings specializes in the development of solar control and security films, including energy-efficient solutions for insulation and protection against broken glass.
Which brands does Hanita Coatings offer for its products?
Hanita Coatings markets its energy-efficient solar control films under the SolarZone brand and its glazing security solutions under the SafetyZone brand. They also offer SolarZone Automotive film.
Did Hanita Coatings receive any grants?
In January 2016, Hanita Coatings received a grant from the International Society for Engineering Research and Development.
What was a notable partnership for Hanita Coatings?
In April 2014, Whirlpool announced plans to integrate Hanita Coatings' technology into its refrigerators, indicating a significant commercial partnership.

External links