Fabpro Oriented Polymers, LLC acquired Karatzis USA-LLC from KARATZIS S.A. (ATSE:KARTZ) for $11.8 million on September 17, 2012. Karatzis USA-LLC has been renamed as Fabpro NetWrap. Fabpro NetWrap will continue to be produced in its state-of-the-art facility in Kingman, Kan.

Fabpro Oriented Polymers, LLC completed the acquisition of Karatzis USA-LLC from KARATZIS S.A. (ATSE:KARTZ) on September 17, 2012.