DUCKINFIELD, England (Sept. 4) — Excel Polymers L.L.C. has acquired Chase Elastomer UK Ltd. for an undisclosed sum.
The purchase — announced by John Quinn, Excel president and CEO, in a letter to customers — was made by EXLP Global (UK) Ltd., the United Kingdom subsidiary of Solon, Ohio-based Excel Polymers. The deal follows the purchase in August by Excel of another British rubber mixer, Vita Calender.
Specializing in compounds for roll-covering processors, Chase Elastomer UK was founded by Tom Chase, the original owner of Chase Elastomer in Arlington, Texas. He sold the U.S. business in 1996 to the predecessor of Excel Polymers, and the deal reunites the Chase businesses under one owner.