Royal Adhesives & Sealants has acquired the stock of Adhesive Systems.
Based in Frankfort, IL, ASI develops, manufactures, and markets cyanoacrylate, methyl methacrylate, epoxy and anaerobic adhesives and sells to the assembly adhesives market through a large network of global distributors.
Royal CEO Ted Clark said: "We are excited to acquire ASI and partner with the company's founders Ed Koziol and Gary Johnson, both of whom are long-time adhesive industry entrepreneurs and have built a leading assembly adhesives business. ASI will continue to operate under Ed and Gary's leadership as part of Royal. We look forward to supporting the ASI team in their next stage of growth as they continue to provide the high level of service and quality their customers have come to expect."
Ed Koziol, President of ASI said, "In selecting a partner, Royal was clearly the best positioned to help us accelerate our growth strategy through the addition of other adhesive technologies to our product line and through supporting our geographic expansion plans."
ASI Vice President Gary Johnson stated, "We are very pleased to partner with Royal, which has significant global capability and experience in the adhesives and sealants industry. Royal has been aggressively growing their business and will help us to develop and grow our unique and innovative assembly adhesive business model."
