SCIGRIP recently announced it has completed an agreement to acquire Arjay Technologies Inc., a Florida-based manufacturer of bonding compounds for the composites industry. The acquisition reportedly represents another step in SCIGRIP’s long-term growth plan and intends to provide significant benefits for customers of both companies.
The Arjay brand name will remain, with products available for order through the current direct and distribution outlets. SCIGRIP is in the process of finalizing the national growth strategy to link the existing Arjay sales functions to the wider SCIGRIP network, so that both Arjay and SCIGRIP products will be available wherever and whenever the customer requires.
“The SCIGRIP and Arjay product portfolios deliver the most competitive solutions in the marketplace and we look forward to a period of accelerated growth thanks to this exciting synergy,” said John Reeves, president of SCIGRIP.
For more information, visit www.scigrip.com.