South Bend-based Royal Adhesives & Sealants LLC has announced the acquisition of Illinois-based Adhesive Systems Inc. Royal says ASI will be a strategic subsidiary, focusing on the assembly adhesives market.
ASI develops, manufactures and markets various types of adhesives and sells them through its global network. ASI President Ed Koziol said Royal is the best-positioned company to help ASI accelerate its growth strategy.
“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," said Ted Clark, CEO 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."
Royal produces adhesives that are used in a wide variety of markets including aerospace and defense, construction, specialty packaging, automotive and industrial.