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December 18, 2018 01:00 AM

Meridian Adhesives expands with Evans acquisition

Rubber & Plastics News Staff
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    COLUMBUS, Ohio—Meridian Adhesives Group acquired industrial adhesive maker Evans Adhesive Corp., marking the fourth acquisition Meridian has made this year.

    Details of the acquisition were not disclosed. In a news release, Merdian CEO Dan Pelton noted the synergies between the two firms.

    "Evans Adhesive's portfolio of technologies, well-known brands and customer intimacy culture fits with Meridian's philosophy and strategy. This acquisition adds another avenue for driving technology across the Meridian platform."

    Evans customers will receive their usual experience along with increased access to different adhesive technologies, technical resources and support, Evans President Rusty Thompson said in a statement. The acquisition, he noted, also provides Evans employees with career growth opportunities.

    Arsenal Capital Partners created Meridian in 2018 as its new platform in the global adhesives and sealants sector focusing on high-value adhesives technologies. Meridian's portfolio includes high-performance specialty epoxy, polyurethane and hybrid adhesives, used in the electronics, medical, construction and infrastructure markets.

    In May, Meridian acquired Epoxy Technology and Adhesives Technology Corp., and it added W.F. Taylor, L.L.C. in September.

    Evans was founded in 1900 and has its headquarters in Columbus, with additional manufacturing facilities in Rancho Cucamonga, Calif.

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