Meridian Adhesives Group has announced the acquisition of Design Polymerics, a manufacturer of high-performance sealants, adhesives, insulation mastics, and indoor air quality products. Lyle Davis acquired design Polymerics in 1993, and Polymerics has grown steadily over the past three decades.
“We are very excited about joining the Meridian team,” said Davis. “We believe Design Polymerics found the perfect partner to continue its growth and technical experience in our industry. We look forward to implementing manufacturing capabilities throughout the United States to better serve our customers while introducing new, innovative products to remain a leader in the HVAC, insulation and IAQ industries.”
Design Polymerics will join Meridian’s Industrial Product Assembly Division alongside American Sealants, Inc.
“We are thrilled to have Design Polymerics join the Industrial Product Assembly Division of Meridian,” said Andrew Zaremba, president of the division. “We are looking forward to adding their proven product line to our portfolio and extending our reach into the HVAC market through Design Polymerics’ reputation as an industry leader in this space.”
This addition brings Meridian’s portfolio to 17 acquisitions and comes a day after American Securities’ announcement of the acquisition of Meridian from Arsenal Capital Partners.
“Design Polymerics is an excellent addition to our portfolio,” said Daniel Pelton, CEO of Meridian. “Management has built a solid adhesives company with a proven track record in the HVAC market, and I am excited to have Design Polymerics on board as we extend the Meridian footprint into new markets. This is the first of a new series of acquisitions to come with our new ownership American Securities, and we are thankful for their support as we continue to aggressively advance in the adhesives market.”
For more information, visit: www.meridianadhesives.com.