PRO-SET Formulated Resin Systems Buys European Licensing Partner
PRO-SET Formulated Resin Systems LLC, an Iron Path Capital holding company, has acquired European-based Wessex Resins and Adhesives Ltd. (Wessex), a prominent player in the formulation and manufacturing of high-performance epoxy resins and adhesives. The move marks the second acquisition for PRO-SET Formulated Resin Systems, following its acquisition of Gougeon Brothers Inc. in May 2025.
PRO-SET Formulated Resin Systems reports that the acquisition drives the global expansion of the combined composite resins and adhesives business into Europe. Wessex has served as Gougeon Brothers’ licensing partner in Europe for decades, manufacturing and selling Gougeon-branded products, including WEST SYSTEM®, PRO-SET®, and Entropy Resins® alongside its own branded WRA products. The company manufactures and markets these global brands throughout Europe, Middle East, Africa and parts of Asia.
“We’re excited to bring Wessex into the fold as we take a decisive step forward by uniting the composite resins and adhesives businesses to drive growth across Europe,” said Ted Clark, executive chairman of PRO-SET Formulated Resin Systems LLC and partner at Iron Path Capital. “This acquisition represents a natural coming together of two premier organizations with a deep, long-standing partnership.”
Wessex is a family-run business that has been developing and manufacturing high-quality epoxy products since 1981. During that time, the company has worked with a range of organizations that demand specialist formulations, including the Ministry of Defense, Bombardier, and BAE Systems. This acquisition solidifies PRO-SET Formulated Resin Systems' position in the market for infusion, laminating, tooling, coating and adhesive systems.
Ian Oliver, managing director of Wessex, said, “Joining PRO-SET Formulated Resin Systems is an exciting milestone that will propel our growth in the industry and provide new opportunities for innovation and service to our customers across Europe and beyond. We are excited to continue our decades-long partnership alongside Gougeon and start this promising next chapter as part of PRO-SET.”
As part of the transition, Sam Oliver, Ian’s son, will take over leadership as managing director of Wessex. The company expects a seamless transition and integration.
For more information on the PRO-SET Formulated Resin Systems, visit https://www.linkedin.com/company/pro-set-formulated-resin-systems-llc/.
Additional information about Iron Path Capital is available at www.ironpathcapital.com.
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