Meridian Adhesives Group Buys Epoxies Etc.
DALTON, GA – Meridian Adhesives Group (Meridian) announced the acquisition of Epoxies Etc., a formulator of epoxies, urethanes and silicones.
Arsenal Capital Partners created Meridian in 2018 as its platform in the global adhesives and sealants sector. In May 2018, Meridian completed the acquisitions of Epoxy Technology and Adhesives Technology Corp. Meridian then acquired W.F. Taylor, Evans Adhesive Corp. and Polycom. Epoxies Etc. represents Meridian's sixth acquisition since its start in 2018.
Epoxies Etc. is a manufacturer and formulator of specialty epoxies, urethanes, silicones and UV curable systems, including adhesives, potting compounds and coatings. Based in Cranston, Rhode Island, the company offers products that are widely used in the electronic, electrical, construction and decorative industries.
“We are thrilled to be part of the Meridian Adhesives Group,” said Michael Harrington, President and CEO of Epoxies Etc. “This merger will enable us to continue our rapid growth in our strategic markets. Our customers and all Epoxies Etc. stakeholders will benefit from Meridian’s support.”
“We are extremely pleased with the addition of Epoxies Etc. to the Meridian Adhesives Group,” said Daniel Pelton, CEO of Meridian. “The acquisition of Epoxies Etc.’s unique products further supports our vision to become the technology leader in the adhesives industry.”
Roy Seroussi, Investment Partner at Arsenal, added, “This acquisition extends Meridian into high growth sectors, such as infrastructure and aerospace, and expands our product portfolio in existing markets, mainly in electronics and medical applications.”