PolySol Polymers Inc., a PVC plastisols maker in Desloge, Mo., recently purchased Indusol Inc. and relocated the custom compounder's production from Sutton, Mass., to Desloge.
Terms of the cash deal, which closed Feb. 1, were not disclosed.
Joseph Mueller, PolySol vice president of technology, said that, other than their size, the companies are "very similar."
"Indusol was much smaller in annual volume than PolySol. PolySol had just begun developing powder PVC compounds for fluidized bed and extrusion applications, [so] the acquisition of Indusol strengthens this department," he wrote in a Feb. 23 email.
"Indusol is a very good fit for us. Adding them to our company brings a wealth of knowledge and adds to our already-strong customer base."
Indusol employed five at the 40,000-square-foot Sutton plant. PolySol employs 25 in North America.
Mueller and Jason Marler, PolySol vice president of production, founded that company in 2014 in Niles, Mich. They soon moved the operation to Farmington, Mo., before buying the 100,000-square-foot site it now occupies in Desloge in 2018.
The following year, PolySol opened a 30,000-square-foot vinyl plastisols plant in Livingston, Scotland, near Edinburgh. That facility employs five.
Plastisols are used in dip coating products such as tool grips and to make fishing lures; in slush molding and rotational molding; and in automotive filtration and lamination. The materials find use in markets ranging from textiles, sporting goods, agriculture, construction, the military and industrial belting.