Scott Bader Acquires ATC Formulated Polymers
Scott Bader recently announced it has reached an agreement to acquire ATC Formulated Polymers Inc. ATC manufactures a range of bonding, tooling, fairing, compression molding, and other polyester- and vinylester-based pastes, supplied largely into the North America composites industry. This acquisition will reportedly make Scott Bader and ATC a global leader in the structural adhesives and bonding pastes business.
“I was attracted to Scott Bader because of their wide range of adhesives, their vision to grow this market on a worldwide basis, and their employee-owned company structure,” said Tom Johannsen, ATC’s majority owner. “With access to Scott Bader’s products and technology, we will be able to extend our current range of bonding pastes and adhesives, now including Scott Bader’s urethane acrylate Crestomer and MMA adhesives, to suit individual customer needs.”
“I see this acquisition as underlying our long-term commitment to the North American market by providing customers with local production,” said Philip Bruce, group managing director for Scott Bader. “I see this as a first step to being able to offer more specialty products into this critical market. The ATC specialty tooling and molding products complement the Scott Bader range, and we will work to bring winning products to the global market through Scott Bader’s sales resources. I am delighted that we will continue to receive the support from Tom Johannsen, JP Schroeder, Rita Barclay, and the rest of the ATC management team to develop the ATC and Scott Bader business going forward.”