Arclin, aleadingmaterial sciencecompany,announced thatit has completedthe purchaseofPolymerSolutions Group (“PSG”), a manufacturer of proprietary and custom polymer additives, dispersions and release agents for the rubber, plastic and engineered wood industries.
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“We are excited about the addition of PSG and their trusted brands, teams and technologies,” said Bradley Bolduc, Arclin's President and CEO. “They complement our current businesses well, specifically in the building, construction and transportation industries,” said Bolduc. “Arclin and PSG manufacture complementary chemistries in engineered wood and rubber that will allow us to expand our reach in those markets,” said Bolduc.
The acquisition of PSG expands Arclin's capabilities in North America and is viewed as a key step in the company's strategy toward expanding its product presence into sectors that are adjacent to its core chemistries and business. Arclin will operate PSG's manufacturing facilities in Cleveland, OH and Albany, GA, as well as a Research & Development facility in Macon, GA. The acquisition will add approximately 200 new team members to Arclin's existing 1,000-person team.
“AddingPSG to the Arclin team strengthens our industry-leading fire protection and transportation businesses with new technologies that will serve to expand our product offerings in these sectors,” Bolduc continued. “This acquisition will also provide access to additional end markets, continuing Arclin's transformation into a protection-focusedmaterialsciencecompany servingattractive,high-growthmarketsandapplications.”
“ThesaleofPSGtoArclinwasalogicalnextstepforthebusiness,”saidMikeIvany, PSGCEO. “Arclin's world-class operations model will take our products and growth to the next level, and we'll benefit from their knowledge, breadth of technical expertise and rapid deployment of resources in support of the growth strategy. Arclin is an exciting home for our team, and we look forward to seeing the business thrive going forward,” Ivany added.
Moelis&CompanyLLCservedasPSG'sfinancialadvisor.
AboutArclin
Arclin is a leading materials science company and manufacturer of polymer technologies, engineered products and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design and other industries. Headquartered in Alpharetta, Georgia, Arclin has offices and manufacturing facilities throughout the U.S., Canada, U.K., and manufactures for customers worldwide. For more information, visit www.arclin.com.
AboutPSG
PSG is an innovative manufacturer of class-leading proprietary and custom polymer additives, dispersions, and release agents for the rubber, plastic, and engineered wood industries. PSGoffers avarietyofcustomer-centric solutionsthat meet exacting specifications, provide superior performance characteristics,enhance processing efficiency,optimize supplychains,and lower overall costs.Trusted bytheworld's leading companies inover50 countries, ourunparalleled products and applicationexpertise cannotbe matchedbyanyothersupplier. Formore information, visitwww.polymersolutionsgroup.com.
Formore information, contact Inquiries@Arclin.com
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SOURCE Arclin
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