SOUTH BEND, Ind.—Royal Adhesives & Sealants L.L.C. subsidiary Royal Adhesives & Sealants Canada Ltd. plans to acquire virtually all of the assets of Chemque, a producer of polyurethane foams and adhesives.
Terms of the deal were not released.
The purchase will expand Royal's growing platform of adhesive, sealant and coating products. It's the company's seventh acquisition since 2010.
Rexdale, Canada-based Chemque primarily serves the telecom, flooring and construction markets.
“The addition of Chemque will broaden our technical capability for polyurethane adhesives, potting compounds and foams,” Royal CEO Ted Clark said.