Royal Adhesives Makes Another Acquisition
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowSouth Bend-based Royal Adhesives & Sealants LLC has announced its second acquisition in less than a month. The company says it has acquired the business assets of Connecticut-based Weld Mount Systems.
Weld Mount was previously owned by Associated Technologies LLC. The company develops, manufactures and supplies a unique adhesive fastening system, something Royal Chief Executive Officer Ted Clark says will be a great addition to Royal’s product line.
"Weld Mount’s adhesively-bonded mechanical fastener systems add a new dimension to the broad set of structural adhesive solutions we offer to our global marine, defense, transportation and assembly customers, who are rapidly adopting advanced composites and engineered plastics into their product designs where traditional mechanical fasteners cannot be used," Clark.
Terms of the acquisition were not released. The company did not say whether the acquisition would affect any jobs.
"Royal, with its global reach and solution provider sales model and in depth knowledge of the marine, defense, transportation and assembly markets, is ideally positioned to continue to drive and support the rapid growth of the Weld Mount product line," said Weld Mount Founder and President David Estabrook.
Last month, Royal announced the acquisition of Illinois-based Adhesive Systems Inc., which manufactures and markets various types of adhesives.