TAGS: Hot-melt Adhesives Waterborne Adhesives
Meridian Adhesives Group acquires Prime Blend. Prime Blend is a manufacturer and formulator of water-based and hot melt adhesives and coatings. The company primarily serves the food and beverage packaging, paper/film and foil converting, and furniture markets.
The company offers products that are used to adhere and coat decorative beverage cartons, microwave bags, industrial strapping, point of purchase displays, and various furniture applications.
Acquisition to Enhance Growth Trajectory
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We found the right home in Meridian Adhesives Group,” said Jerry Stempel, CEO of Prime Blend. “
This investment by Meridian will enhance our steep growth trajectory in our legacy markets and open doors to new opportunities by allowing Prime Blend to leverage Meridian’s broad technology platform to our extremely loyal customer base and end-users.”
The Prime Blend team brings experience in formulating, manufacturing, and selling adhesives. The company’s extensive manufacturing and warehouse capacity provide customers with quicker deliveries and greater inventories, as well as personal service, dedicated equipment, and highly qualified technical support.
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The addition of Prime Blend will strengthen the Meridian portfolio as we work to extend our product and technology offerings in our Industrial Division,” said Daniel Pelton, CEO of Meridian. “
The acquisition of Prime Blend adds considerable end-user application knowledge and a customer-focused business model to further support our vision as a leader in the adhesives industry.”
Source: Meridian Adhesives Group