Mergers/Acquisitions

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“The successful completion of the acquisition paves the way for swiftly merging the activities of Evonik and the acquired units of the Air Products Performance Materials business,” said Klaus Engel, chairman of the executive board of Evonik Industries AG.

Located in ‘s-Hertogenbosch, the Netherlands, SPS will operate as part of RPM’s Rust-Oleum European business.

This will enable Evonik to expand its position in North America and Asia.

As part of the transaction, MACtac will reportedly maintain its manufacturing bases in the U.S. and Mexico.

As of this month, the company will adopt a new brand identity as Robnor Resinlab.

ClearPlex markets and distributes optically clear, patent-pending glass-protection films.

Adhere Industrial Tapes will become part of RPM's tremco illbruck business group.

h-old designs, manufactures and distributes specialty adhesive tapes mainly in Europe.