Hanita Coatings

Window Films for Insulation and Energy Efficiency

Industrial Technologies
Acquired by Avery Dennison on Dec, 2016
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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 known as Avery Dennison Hanita, specializes in the development and manufacturing of solar control and security films. The company's core products include energy-efficient interior and exterior solar control films under the SolarZone brand, designed to reduce heat buildup and HVAC system workloads, and SafetyZone glazing security solutions that protect against glass breakage. They also offer SolarZone Automotive film for window tinting. Hanita Coatings serves markets requiring enhanced energy efficiency and security through advanced film technologies, operating within the Industrial Technologies sector.

Strategic signal

In December 2016, Hanita Coatings was acquired by Avery Dennison for $75 million. This acquisition by a multinational corporation like Avery Dennison validates Hanita Coatings' advanced film technology and market position, signaling strong commercial potential and integration into a larger global platform for its solar control and security film products.

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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.
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