Hanita Coatings
Window Films for Insulation and Energy Efficiency
Company Overview
Snapshot
Founded in January 1983, Hanita Coatings operates with 51–200 employees. The company was acquired by Avery Dennison in December 2016.
Business overview
Hanita Coatings, now 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, glazing security solutions under the SafetyZone brand, and SolarZone Automotive film for window tinting. The company's solutions enhance energy efficiency by filtering solar radiation to reduce heat buildup, serving markets that include automotive, hospitality, and real estate, and operating within the Industrial Technologies sector.
Strategic signal
In December 2016, Hanita Coatings was acquired by Avery Dennison for $75 million. This acquisition signals a strategic move by Avery Dennison to expand its presence in the high-performance films market, leveraging Hanita Coatings' expertise in solar control and security film technologies. For investors, this highlights the value placed on specialized material innovation within the industrial technologies sector and the potential for established corporations to integrate advanced solutions for energy efficiency and security.
Log in to access full profile ›Company Intelligence Q&A
- When was Hanita Coatings acquired?
- Hanita Coatings was acquired by Avery Dennison in December 2016.
- What is the primary focus of Hanita Coatings' products?
- Hanita Coatings primarily focuses on developing solar control and security films, including energy-efficient interior and exterior solar control films and glazing security solutions.
- What is the purpose of Hanita Coatings' SolarZone window films?
- Hanita Coatings' SolarZone window films are designed to upgrade the energy efficiency of glazing by filtering over 80% of solar radiation, reducing heat buildup, and lowering HVAC system workloads.
- Which company acquired Hanita Coatings?
- Avery Dennison acquired Hanita Coatings in December 2016.
- What are some of the product brands offered by Hanita Coatings?
- Hanita Coatings offers products under the SolarZone brand for solar control, the SafetyZone brand for glazing security, and SolarZone Automotive for window tinting.