Meridian Adhesives Group recently announced its acquisition of Epoxies, Etc., a resin formulator of epoxies, urethanes, and silicones. Arsenal Capital Partners created Meridian in 2018 as its platform in the global adhesives and sealants sector, focusing on high-value adhesives technologies.
Epoxies, Etc. is a manufacturer and formulator of specialty epoxies, urethanes, silicones, and UV-curable systems, including adhesives, potting compounds, and coatings. Based in Cranston, R.I., the company offers products that are used in the electronic, electrical, construction, and decorative industries.
“We are thrilled to be part of the Meridian Adhesives Group,” said Michael Harrington, president and CEO of Epoxies, Etc. “This merger will enable us to continue our rapid growth in our strategic markets. Our customers and all Epoxies, Etc. stakeholders will benefit from Meridian’s support.”
“We are extremely pleased with the addition of Epoxies, Etc. to the Meridian Adhesives Group,” said Daniel Pelton, CEO of Meridian. “The acquisition of Epoxies, Etc.’s unique products further supports our vision to become the technology leader in the adhesives industry.”
According to Roy Seroussi, investment partner at Arsenal, “This acquisition extends Meridian into high growth sectors, such as infrastructure and aerospace, and expands our product portfolio in existing markets, mainly in electronics and medical applications.”
Epoxies, Etc. represents Meridian’s sixth acquisition since its start in 2018. In May 2018, Meridian completed the acquisitions of Epoxy Technology and Adhesives Technology Corp. Subsequently, Meridian acquired W.F. Taylor, Evans Adhesive Corp., and Polycom.