By: PLASTICS NEWS REPORT
February 8, 2013
WELLINGBOROUGH, ENGLAND -- Scott Bader Co. Ltd. purchased ATC Formulated Polymers Inc., a Burlington, Ontario-based supplier of materials used in composite manufacturing, effective Feb. 4.
ATC makes bonding, tooling, fairing, compression molding and other polyester and vinyl ester-based pastes, largely for North America customers. Terms were not disclosed.
Wellingborough-based Scott Bader said the deal makes it a global leader in the structural adhesives and bonding pastes business.
"I see this as a first step to being able to offer more specialty products into this critical market," said Philip Bruce, Scott Bader's group managing director, in a news release.
Scott Bader Inc. in Stow, Ohio, will continue to sell Scott Bader's Crystic resins and specialty chemicals in the United States.