Company News

April 1, 2021

Arsenal Adds to Meridian Adhesives

Arsenal’s Meridian Adhesives Acquires Pacific Adhesive Systems
DALTON, Georgia, April 1, 2021 – Meridian Adhesives Group (Meridian) announced today the acquisition of Pacific Adhesive Systems (PAS), a Malaysian-based company serving the electronics, semiconductor and medical markets with high-performance adhesive and coating solutions.

Established in 2004, PAS is an ISO 9001:2008 certified company with operations in Malaysia, Thailand, China and Hong Kong. The company’s range of products includes adhesives, coatings, sealants, thermal interface materials, tapes, cleaning chemicals, greases and lubricants.

“Having joined Meridian Adhesives Group, we are now positioned to reach greater heights in innovative adhesive solutions,” said David Lee, PAS President. “With the backing of Meridian, we will be able to further support customers regardless of their location.”

PAS will be joining Meridian’s Electronics Division, which is comprised of Epoxy Technology, Inc.; Epoxies, Etc.; Epoxy Technology Europe; GENTEC; and FT Polymer. PAS has an established relationship with Meridian, having been a key supplier of Epoxy Technology and Epoxies, Etc. products to the Asian market for more than 15 years.

“PAS has been a long-time partner of Meridian’s Electronics Division,” said Daniel Pelton, CEO of Meridian Adhesives Group. “I am glad to have this trusted partner formally joining the Meridian group as we extend our global footprint into Asia. Together with David Lee and his team, we look forward to further building our Electronics Division through expanded product lines, increased service and additional acquisitions globally.”

The Electronics Division of Meridian Adhesives Group provides high technology products with experienced technical support. Epoxy, urethane, silicone and UV materials that are manufactured by the division have been used in some of the most demanding applications. These companies are trusted partners of organizations throughout the world.

April 1, 2021

Arsenal Adds to Meridian Adhesives

Arsenal’s Meridian Adhesives Acquires Pacific Adhesive Systems
DALTON, Georgia, April 1, 2021 – Meridian Adhesives Group (Meridian) announced today the acquisition of Pacific Adhesive Systems (PAS), a Malaysian-based company serving the electronics, semiconductor and medical markets with high-performance adhesive and coating solutions.

Established in 2004, PAS is an ISO 9001:2008 certified company with operations in Malaysia, Thailand, China and Hong Kong. The company’s range of products includes adhesives, coatings, sealants, thermal interface materials, tapes, cleaning chemicals, greases and lubricants.

“Having joined Meridian Adhesives Group, we are now positioned to reach greater heights in innovative adhesive solutions,” said David Lee, PAS President. “With the backing of Meridian, we will be able to further support customers regardless of their location.”

PAS will be joining Meridian’s Electronics Division, which is comprised of Epoxy Technology, Inc.; Epoxies, Etc.; Epoxy Technology Europe; GENTEC; and FT Polymer. PAS has an established relationship with Meridian, having been a key supplier of Epoxy Technology and Epoxies, Etc. products to the Asian market for more than 15 years.

“PAS has been a long-time partner of Meridian’s Electronics Division,” said Daniel Pelton, CEO of Meridian Adhesives Group. “I am glad to have this trusted partner formally joining the Meridian group as we extend our global footprint into Asia. Together with David Lee and his team, we look forward to further building our Electronics Division through expanded product lines, increased service and additional acquisitions globally.”

The Electronics Division of Meridian Adhesives Group provides high technology products with experienced technical support. Epoxy, urethane, silicone and UV materials that are manufactured by the division have been used in some of the most demanding applications. These companies are trusted partners of organizations throughout the world.

April 1, 2021

Recticel Completes Acquisition

Recticel completes the acquisition of FoamPartner

Regulated information, Brussels, 01/04/2021 — 00:07 CET, 01.04.2021

Recticel is pleased to announce that on 31 March 2021, it successfully acquired FoamPartner, the Swiss-based global provider of high added-value technical foams. 


Olivier Chapelle (Chief Executive Officer): “The closing of the transaction went smoothly, and within the expected timeframe. Recticel Flexible Foams and FoamPartner will now be merged to form the Recticel Engineered Foams business line. The new organisation will leverage numerous synergies in resources and talents to promote excellence, grow its worldwide presence and accelerate the commercialisation of sustainable innovations and leading-edge solutions to global markets. We are delighted to welcome our new colleagues into the Group.”

FoamPartner will be integrated in the consolidated financials of Recticel as from 01 April 2021.

https://www.recticel.com/recticel-completes-acquisition-foampartner.html

April 1, 2021

Recticel Completes Acquisition

Recticel completes the acquisition of FoamPartner

Regulated information, Brussels, 01/04/2021 — 00:07 CET, 01.04.2021

Recticel is pleased to announce that on 31 March 2021, it successfully acquired FoamPartner, the Swiss-based global provider of high added-value technical foams. 


Olivier Chapelle (Chief Executive Officer): “The closing of the transaction went smoothly, and within the expected timeframe. Recticel Flexible Foams and FoamPartner will now be merged to form the Recticel Engineered Foams business line. The new organisation will leverage numerous synergies in resources and talents to promote excellence, grow its worldwide presence and accelerate the commercialisation of sustainable innovations and leading-edge solutions to global markets. We are delighted to welcome our new colleagues into the Group.”

FoamPartner will be integrated in the consolidated financials of Recticel as from 01 April 2021.

https://www.recticel.com/recticel-completes-acquisition-foampartner.html

April 1, 2021

Stockmeier Expansion in Germany

STOCKMEIER Urethanes expands location in Lemgo-Lieme

STOCKMEIER Urethanes is investing in a new 1,400 square meter administration and development building in the Lemgo district of Lieme. The partner for the structural implementation is the Bielefeld construction and real estate company, GOLDBECK. Today, the client and general contractor celebrated the symbolic ground-breaking ceremony in the industrial area “Im Hengstfeld” – due to the current situation – in a small circle of people. Nevertheless, the joy about the start of construction is great on all sides.

As a member of the STOCKMEIER Group, STOCKMEIER Urethanes has been developing and producing polyurethane systems for industrial as well as sports and leisure applications since 1991.

In order to accommodate the growth of the company, a move from Bielefeld to Lemgo already took place in 2010. To perfectly match the company’s 30th anniversary, STOCKMEIER Urethanes is now celebrating another milestone in the company’s history.

“We have outgrown our current space – that’s a problem you like to have in this day and age,” says operations manager Timo Laucks. “When completed, the new building will house the administration and research and development departments.”

“In the new laboratory space, we want to advance our research and development in the areas of future-oriented innovations and product developments for e-mobility, among other things. As a regional employer, the topic of sustainability on the one hand and responsibility for our environment on the other play an important role. The trend towards alternative drives has increased significantly – also among our employees. That’s why we decided to provide charging stations for e-bikes as well as for electric and hybrid cars,” says Timo Laucks.

The administration and development building is only the starting point for extensive investments at the Lemgo site. In a second construction phase, a new warehouse and dispatch center will be built at “Im Hengstfeld 8”.

STOCKMEIER Urethanes has engaged a major player in the East Westphalian industry for the construction of the administration and development building: The Bielefeld construction and real estate company GOLDBECK, which is currently also building the Astrid Lindgren School and the vocational training center in Lemgo. Timo Laucks: “We are pleased to have GOLDBECK at our side, an experienced general contractor with whom we share our East Westphalian home and family business values. The company has translated our special requirements into a building concept that makes optimal use of the property capacities.”

The move-in is planned for December 2021. “The new building is representative of the great work of all colleagues who have contributed to our positive company development with their dedication over the past 30 years. I am already looking forward to welcoming them to the new premises at the end of the year – hopefully then with a somewhat larger opening ceremony,” Timo Laucks proudly summarizes.