Polytek Acquires BCC
Polytek® Development Corp. Announces the Acquisition of BCC Products, Inc.
Easton, PA & Franklin, IN – March 5, 2019- Polytek® Development Corp. (“Polytek”), a manufacturer of specialty polymers for mold making and casting applications, announced today the acquisition of BCC Products, Inc. (“BCC”). Polytek is a portfolio company of Arsenal Capital Partners.
Located in Franklin, Indiana, BCC is a leading supplier of specialty tooling, mold making, and casting polymers, serving customers across automotive, aerospace, foundry and marine markets. BCC manufactures world-class polyurethane elastomers and resins, CNC tooling board and foam, epoxy, silicone elastomers, and polyester repair materials. Beyond their popular standard product lines, BCC also offers custom-formulated polymer systems for unique applications.
This acquisition fortifies Polytek’s leadership position in industrial mold making and casting solutions and will allow the organization to further serve industries with demanding tooling and casting requirements. Jonathan Kane, CEO of Polytek, commented, “The complementary manufacturing and technology capabilities of Polytek and BCC, along with our shared vision of excellent service, will allow us to better serve our customers with robust solutions for every mold making, casting and tooling challenge.”
Roger Brunette, President of BCC, commented, “We look forward to the integration of the two companies, continued growth, and the ability to better serve our customers.”
Roger will continue with Polytek and focus on growing the company’s position in the molding and casting industry.
Genesis Capital, LLC acted as the financial advisor to Polytek.