QEP Expands Adhesives Manufacturing Platform with Acquisition
Q.E.P. Co. Inc., Boca Raton, Florida, has completed its acquisition of substantially all the assets of Spray-Lock Inc., a developer, manufacturer and distributor of aerosol spray adhesives for flooring and wall applications. Financial terms of the transaction were not disclosed.
QEP reports that the acquisition broadens the company’s strategy of broadening its core adhesives platform by adding Spray-Lock’s spray-applied technology, proprietary formulations, and technical expertise to QEP’s existing flooring installation solutions. With the addition of Spray-Lock, QEP expands its offerings across luxury vinyl tile and plank, sheet flooring, vinyl composition tile, carpet tile, rubber flooring, underlayment, wall coverings, and FRP wall panel applications.
“Spray-Lock, a category product authority and pioneer in aerosol adhesives, is an excellent fit for QEP. The company brings differentiated capabilities, product categories and customer relationships that are highly complementary to QEP’s business today. Spray-Lock’s patented technology will enable us to better serve the Pro across the entire project,” explained Len Gould, president and chief executive officer of QEP. “Its domestic manufacturing capabilities align with our strategy and provide a strong platform to scale the Spray-Lock product line while expanding the solutions we offer across our Professional Network.”
The acquired Spray-Lock business is now part of QEP’s North American operations. QEP plans to work closely with the Spray-Lock team, customers and business partners to support an orderly transition and continuity of service.
Learn more about Spray-Lock at spraylock.com. Additional information about QEP is available at qep.com.
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