Soudal Acquires Accumetric, Announces Headquarters Move
Soudal recently announced it has acquired Accumetric LLC. The acquisition reportedly marks another step forward in Soudal’s plan to become a recognized supplier of adhesives and sealants to the Americas, and to expand its presence in the Southeast Asia markets.
The American headquarters of Soudal Inc. will move to Elizabethtown, Ky.
As a result, the turnover of Soudal will reportedly increase by more than 7%, which will bring consolidated total sales to over $800 million in 2014. In addition, Soudal reportedly intends to continue to develop Accumetric’s Elizabethtown production plant, with planned future investments in building and equipment of $21 million.
Accumetric will continue to operate under its current name as a Soudal affiliate. The existing management remains at the helm of the company.