Meridian Adhesives Group has acquired the adhesives division of John P. Kummer GmbH, AG and Ltd (JPK) to boost business. The acquisition is expected to close on 30 April 2020.
Expanding Business in European Market
JPK supplies materials used in the production of semiconductors, hybrid microelectronics, circuit/electronic assembly, medical devices and optical materials throughout the European market. The adhesives division of JPK will be combined with Meridian-owned Epoxy Technology Europe Limited to form Epoxy Technology Europe GmbH.
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We are extremely pleased to have the adhesives business of JPK joining our international team,” said Daniel Pelton, chief executive of Meridian Adhesives Group. “
We are looking forward to growing our business more aggressively in the European market with Epoxy Technology Europe GmbH leading the way,” added Pelton.
Offering Broader Selection Products to Customers
Nicolas Schwarz, managing director of JPK said the acquisition will serve as a bridge between Meridian and the European markets, making it possible for European clients to have a broader selection of products and more direct access to manufacturers by way of Meridian’s extensive technological platform. Moving forward, Nicolas Schwarz will assume the position of managing director of Epoxy Technology Europe GmbH.
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Joining Meridian will allow us to open the gate to a much wider and diversified portfolio,” said Nicolas Schwarz. “
Our positive reputation in the market combined with the technical support of Meridian will offer our clients the best of both worlds,” added Schwarz.
Source: Meridian Adhesives Group