APPLIED Adhesives Acquires Adhesive Systems Technology (AST)
June 28, 2021
APPLIED Adhesives has acquired Adhesive Systems Technology Corp (AST), a designer and manufacturer of metering, mixing and dispensing equipment focused on the industrial and construction markets. The deal expands APPLIED’s adhesive dispensing capabilities and is the company's second acquisition under the ownership of Arsenal Capital Partners.
- Buyers
- APPLIED Adhesives, Arsenal Capital Partners
- Targets
- Adhesive Systems Technology Corp (AST)
- Sellers
- Steve Anderson (owner)
- Platforms
- APPLIED Adhesives
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Addon
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