Polymer Solutions Announces Agreement on Sale to Chemcraft
CHICO, CA - Polymer Solutions Inc., a manufacturer of coatings and adhesives based in Chico, CA, announced an agreement to sell its assets to Chemcraft Holdings Corp. for $7.5 million in cash.
Under the agreement, Chemcraft Holdings would acquire 100% of the stock of Alternative Materials Technology, a business that represents substantially all of the assets of Polymer Solutions.