Matrix Adhesives Group adds IPS Adhesives
The acquisition brings six established brands, methyl methacrylate expertise, and an established European distributor network to Matrix, expanding the company's exposure to specification-driven applications in industrial durables, marine, and sign and display markets.
Takeaways
- IPS Adhesives is a Provider of high-performance adhesives for building, construction, transportation, industrial, and marine applications.
- Matrix Adhesives Group is acquiring IPS Adhesives with backing from TruArc Partners.
- The target serves Building and construction, transportation, industrial, marine, and sign/display across Global.
Matrix Adhesives Group, a TruArc Partners portfolio company, acquired IPS Adhesives, a provider of high-performance adhesives specializing in methyl methacrylate technology for building and construction, transportation, industrial, and marine applications.
The acquisition brings six established brands, methyl methacrylate expertise, and an established European distributor network to Matrix, expanding the company's exposure to specification-driven applications in industrial durables, marine, and sign and display markets.
Get tomorrow morning's tape in your inbox.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up before the workday starts.