Company News

March 4, 2021

Composites Canada Acquires Airheart Distributing

Airheart is an authorized distributor of Martin G. Scheufler and Hexion product lines which feature resin systems for the wind, marine, aerospace and sporting good end markets.

Edited by Grace Nehls Assistant Editor, CompositesWorld

Composites Canada and Airheart logos.

Composites Canada (Mississagua, Ontario, Canada), a distributor of what is said to be Canada’s largest selection of composites materials, announced on Feb. 26 that it has acquired Airheart Distributing Inc. (Hamilton, Ontario).

Airheart is an authorized distributor of Martin G. Scheufler (MGS) and Hexion (Columbus, Ohio, U.S.) epoxy resins in North America. Composites Canada notes that the MGS and Hexion product lines feature high-performance, versatile and user-friendly resin systems for light aircraft, sporting good, marine structures and wind energy manufacturing. Composites Canada says the Airheart philosophy and high customer service standards will be maintained under the acquisition and the business will continue to operate as Airheart Distributing Inc.

https://www.compositesworld.com/news/composites-canada-acquires-airheart-distributing

March 4, 2021

More Acquisitions for Meridian Adhesives

Arsenal’s Meridian Adhesives Group acquires GENTEC and FT Polymer
DALTON, Georgia, March 3, 2021 – Meridian Adhesives Group (Meridian) announced today the acquisition of GENTEC and FT Polymer, two European-based adhesive suppliers for the electronics, medical, aerospace and automotive industries.
The companies’ range of products include adhesives, encapsulants, coatings, UV-curing technology and dispensing equipment. The two companies will be joining Meridian’s Electronics Division and working directly with Epoxy Technology Europe under the guidance of Nicolas Schwarz, Managing Director.
“After years of working with GENTEC and FT Polymer, we are excited to have these two well-established companies joining Meridian,” said Schwarz. “I am looking forward to the expertise they will bring to our Electronics Division.”
Both GENTEC and FT Polymer have long-standing reputations as leading partners with Meridian’s Electronics Division, which is comprised of Epoxy Technology, Inc., Epoxy Technology Europe, and Epoxies, Etc. GENTEC currently serves Belgium, The Netherlands and Luxembourg, while FT Polymer serves France, Morocco, Tunisia and Algeria.
“GENTEC and FT Polymer are trusted names in the electronic adhesives market in Europe,” said Daniel Pelton, CEO of Meridian Adhesives Group. “Adding them to our fast-growing Electronics Division will only serve to strengthen our team and enhance our global footprint. We are pleased to have them join us.”
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 Epoxy Technology and Epoxies, Etc. have been used in some of the most demanding applications. These companies are trusted partners of organizations throughout the world.
About Meridian Adhesives Group  Meridian Adhesives Group is a leading manufacturer of high-value adhesive technologies. With a broad portfolio of dynamic solutions, Meridian serves the electronics, infrastructure, flooring, packaging and product assembly markets. The group’s operations are located in the Americas and EMEA, with a multitude of sales/service offices worldwide that are positioned to serve Meridian’s global customer base. For more information, visit https://meridianadhesives.com
About Arsenal Capital Partners Arsenal is a leading private equity firm that specializes in investments in middle-market specialty industrials and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of $5.3 billion, has completed more than 200 platform and add-on investments, and achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. Visit www.arsenalcapital.com.

March 4, 2021

More Acquisitions for Meridian Adhesives

Arsenal’s Meridian Adhesives Group acquires GENTEC and FT Polymer
DALTON, Georgia, March 3, 2021 – Meridian Adhesives Group (Meridian) announced today the acquisition of GENTEC and FT Polymer, two European-based adhesive suppliers for the electronics, medical, aerospace and automotive industries.
The companies’ range of products include adhesives, encapsulants, coatings, UV-curing technology and dispensing equipment. The two companies will be joining Meridian’s Electronics Division and working directly with Epoxy Technology Europe under the guidance of Nicolas Schwarz, Managing Director.
“After years of working with GENTEC and FT Polymer, we are excited to have these two well-established companies joining Meridian,” said Schwarz. “I am looking forward to the expertise they will bring to our Electronics Division.”
Both GENTEC and FT Polymer have long-standing reputations as leading partners with Meridian’s Electronics Division, which is comprised of Epoxy Technology, Inc., Epoxy Technology Europe, and Epoxies, Etc. GENTEC currently serves Belgium, The Netherlands and Luxembourg, while FT Polymer serves France, Morocco, Tunisia and Algeria.
“GENTEC and FT Polymer are trusted names in the electronic adhesives market in Europe,” said Daniel Pelton, CEO of Meridian Adhesives Group. “Adding them to our fast-growing Electronics Division will only serve to strengthen our team and enhance our global footprint. We are pleased to have them join us.”
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 Epoxy Technology and Epoxies, Etc. have been used in some of the most demanding applications. These companies are trusted partners of organizations throughout the world.
About Meridian Adhesives Group  Meridian Adhesives Group is a leading manufacturer of high-value adhesive technologies. With a broad portfolio of dynamic solutions, Meridian serves the electronics, infrastructure, flooring, packaging and product assembly markets. The group’s operations are located in the Americas and EMEA, with a multitude of sales/service offices worldwide that are positioned to serve Meridian’s global customer base. For more information, visit https://meridianadhesives.com
About Arsenal Capital Partners Arsenal is a leading private equity firm that specializes in investments in middle-market specialty industrials and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of $5.3 billion, has completed more than 200 platform and add-on investments, and achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. Visit www.arsenalcapital.com.

March 4, 2021

Carpenter Announcement

March 4, 2021

Carpenter Announcement