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Royal Adhesives and Sealants LLC Acquires Hardman Adhesives and Elastomers

Published on 2005-06-13. Author : SpecialChem

South Bend, IN -- Royal Adhesives and Sealants LLC announced the completion of its acquisition of the Hardman Adhesives and Elastomers business located in Belleville, NJ from Elementis plc (LSE:ELM). Royal is a privately held manufacturer and marketer of specialty adhesives and sealants for use primarily in industrial and commercial construction applications throughout the United States.

Hardman, which had previously been managed as part of the Elementis Specialties business, is a manufacturer and marketer of epoxy and urethane structural adhesives, electrical potting and encapsulation compounds and specialty elastomers. Hardman sells into the adhesives and sealants industry worldwide. The Hardman business will continue to be located and operated in Belleville, NJ and its employees have become employees of Royal effective today. With the addition of Hardman, Royal Adhesives and Sealants LLC, annual sales will be in excess of $75 million.

Ted Clark, Chief Executive Officer of Royal, commented: "This transaction will broaden the scope of our adhesives product line, allowing us to provide a more complete range of adhesive application solutions to our customers and will increase our geographic coverage to include Europe, South American and Asia."

Steven Zens, Vice President of Sales and Marketing of Royal, also commented: The addition of the well known Hardman brand of epoxy and urethane adhesives provides us with an opportunity to further penetrate our existing markets, as well as adding important new markets, including electronics and defense to our portfolio."

About Royal Adhesives and Sealants LLC

Royal Adhesives and Sealants is a manufacturer and marketer of industrial adhesives and sealants, commercial roofing adhesives and mirror mastics. Royal manufactures both solvent-based and water-based adhesives and sealants that are packaged in a variety of packages including totes, drums, pails, cartridges and foil wrapped sausages.

Source: Royal Adhesives and Sealants LLC


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