Tremco Acquires Canadian Adhesives and Sealants Manufacturer
Tremco Group recently announced it has acquired certain assets of Chemtron Manufacturing Ltd., a Calgary-based manufacturer of construction adhesives, sealants and tapes with annual net sales of approximately $5 million.
The business will reportedly operate as Chemtron International Inc. and will work closely with the Tremco Commercial Sealants & Waterproofing Division (Tremco CS&W), due to synergies between the two businesses.
“The addition of Chemtron will improve Tremco’s logistics with West Coast customers,” said Paul G.P. Hoogenboom, president, Tremco Group. “Plus, Chemtron’s product portfolio, particularly its premium butyl and putty tapes, compliments Tremco’s growing industrial and OEM businesses.
“At the same time, we expect to accelerate Chemtron’s growth beyond the Pacific Northwest by leveraging its products across Tremco’s significant North American sales and distribution network.”
For more information, visit www.tremcosealants.com or www.chemtron.ca.