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Arsenal Acquires Epoxy Tech for Meridian’s Product Range Expansion

Published on 2018-06-25. Author : SpecialChem

TAGS:  Sealants      Epoxy Adhesives    

Arsenal Capital Partners (“Arsenal”) has announced the acquisition of Epoxy Technology, Inc. (“Epoxy Tech”), a manufacturer of high-performance specialty epoxy, ultraviolet, and hybrid adhesives.

Meridian Adhesives Group’s Creation

Acquire

Arsenal has announced the creation of Meridian Adhesives Group (“Meridian”) as its new platform in adhesives and sealants and the concurrent acquisition of Adhesives Technology Corporation, a leading specialty manufacturer of adhesives for the infrastructure and construction industries.

Premium Adhesive Products


“Everyone at Epoxy Tech is very excited about this new opportunity. We look forward to expanding the company’s ability to deliver premium adhesive products to our customers, and we feel fortunate to work with a partner such as Arsenal given its proven, significant experience in the specialty adhesives industry,” said Andy Horne, the President of Epoxy Tech.

Customized and Proprietary Adhesive Solutions


Roy Seroussi, an Investment Partner of Arsenal said, “Epoxy Tech has a long history of innovation. The acquisition of Epoxy Tech represents a further step in Arsenal’s strategy to build a leading adhesives and sealants business, offering customized and proprietary solutions to a global customer base.”

Acquisitions Leading to Meridian’s Expansion


Don Nolan, interim CEO of Meridian and the Chair of the board, said, “We look forward to the partnership with Epoxy Tech’s management and employees. Our strategy is to grow Epoxy Tech organically and through acquisitions to expand Meridian’s portfolio of great products.”

Arsenal brings significant experience in the $60 billion global adhesives and sealants market, having previously built Royal Adhesives and Sealants through nine strategic acquisitions and creating a top ten global supplier of adhesives and sealants with sales in excess of $600 million annually.


Source: Arsenal Capital Partners
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