FORT WORTH, Texas (Jan. 18, 2012)—Edge Adhesives Inc. has purchased Parr Technologies Inc. for an undisclosed amount.
The transaction was completed in conjunction with Edge's capital partner, Superior Capital Partners L.L.C., a Detroit-based equity firm.
Parr, of Elkhart, Ind., is a maker of butyl tapes, sealants and coatings used in the sound dumping, electrical, appliance, window and door, composite, and RV markets.
Edge said the acquisition gives it complementary product lines and manufacturing capacity, a diverse customer base, and an experienced sales team. The addition of PARR supports Fort Worth-based Edge's plan to create a larger, more diverse player in the industry, said Edge CEO Dave Burger.