The move reportedly extends FLEXcon’s silicone PSA offerings and allows the company to deliver products to serve its industrial customer base with a wider range of products in high-performance applications.
Clifton Adhesives is a major supplier to the aerospace, military, recreational and commercial marine market of thermoplastic and elastomeric adhesives and coatings, which are used in the fabrication of inflatable structures.
The $200 million purchase price, subject to adjustment as provided in the purchase agreement, will be financed with availability under an existing $500 million revolving credit facility.
Based in Raymond, NH, Extreme Adhesives supplies methyl methacrylate, anaerobic and cyanoacrylate adhesives to the assembly, maintenance and repair, and architectural and building markets.
RSS