Industry News

Meridian Adhesives Group Acquires Tri-Tex’s Adhesives Division

Published on 2021-12-17. Edited By : SpecialChem

TAGS:  Hot-melt Adhesives      Waterborne Adhesives    

Meridian Adhesives Group Acquires Tri-Tex’s Adhesives DivisionMeridian Adhesives Group acquires the adhesives division of Tri-Tex, a Canadian-based chemical company. The Tri-Tex adhesives business will join Meridian’s Industrial packaging division, which includes Prime Blend and Evans Adhesive Corp.

Currently supplying the packaging, paper converting, woodworking, and millwork and panel end markets, the Tri-Tex adhesives business will support Meridian’s adhesive technology platform through the manufacturing of hot melt, water-based, pressure sensitive and general-purpose adhesives.

Expand Industrial Packaging Division

We are looking forward to expanding our industrial packaging division with new product lines and geographies,” said Daniel Pelton, CEO of Meridian Adhesives Group. “This partnership will continue to advance our global footprint with leading edge technology,” added Pelton.

This addition results in Meridian’s eighth acquisition since the beginning of 2021 and brings the Meridian portfolio to a total of 16 acquisitions since its inception in 2018.

We are excited to welcome the Tri-Tex adhesives business to our rapidly expanding industrial packaging division,” said Jerry Stempel, president of Prime Blend, who will be overseeing the new acquisition along with Ken Forlenza, general manager of Tri-Tex adhesives business. “The Tri-Tex employees and technologies will not just complement but enhance Meridian’s resources in order to successfully achieve our customers’ goals.”

Source: Meridian Adhesives Group

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