Global Polyurethane

简体中文 | 繁体中文

 
Home | News |Royal Adhesives buys Adhesives Systems
Royal Adhesives buys Adhesives Systems
Updated: 2016-01-08 10:20 Source: Market Report Company share:

Royal Adhesives & Sealants LLC ("Royal") announced today that it has acquired the stock of Adhesive Systems Inc. ("ASI"), as per the company's press release.

Based in Frankfort, IL, ASI develops, manufactures, and markets cyanoacrylate, methyl methacrylate, epoxy and anaerobic adhesives and sells to the assembly adhesives market through a large network of global distributors.

"We are excited to acquire ASI and partner with the company's founders Ed Koziol and Gary Johnson, both of whom are long-time adhesive industry entrepreneurs and have built a leading assembly adhesives business. ASI will continue to operate under Ed and Gary's leadership as part of Royal. We look forward to supporting the ASI team in their next stage of growth as they continue to provide the high level of service and quality their customers have come to expect," said Ted Clark, Chief Executive Officer of Royal.

Ed Koziol, President of ASI said, "In selecting a partner, Royal was clearly the best positioned to help us accelerate our growth strategy through the addition of other adhesive technologies to our product line and through supporting our geographic expansion plans."

ASI Vice President Gary Johnson stated, "We are very pleased to partner with Royal, which has significant global capability and experience in the adhesives and sealants industry.  Royal has been aggressively growing their business and will help us to develop and grow our unique and innovative assembly adhesive business model."


Reprinted statement: This article is reprinted from other website,not representing the the stand of our website but the opinions of the original author, who reserves the copyright of this article. Please advise if any infringement. We will remove it as soon as possible.

 

About us | Service | Feedback | Terms of Privacy | Contact us

Tel:+8621-56526182, Fax:(+86)21-56525833, Email:enservices@puworld.com

Copyright 2012 http://www.puworld.com All rights reserved.