Euclid Chemical Acquires Brett Admixtures

APPLIED Adhesives Acquires BTmix and HG Adhesive Dispensing

July 8, 2025

Manufacturing

APPLIED Adhesives has completed the acquisitions of BTmix and HG Adhesive Dispensing, both based in Carson City, Nevada, to expand its parts, consumables and fluid-dispensing equipment capabilities. The deals strengthen APPLIED's manufacturing and advanced dispensing offerings across end markets including automotive, aerospace and construction; the transactions are supported by APPLIED's sponsor, Bertram Capital.

H.B. Fuller Acquires Adhezion Biomedical and XCHEM International

June 22, 2023

Manufacturing

H.B. Fuller Company completed two strategic acquisitions: Adhezion Biomedical, a U.S. medical adhesives business, and XCHEM International, a UAE-based specialty adhesives and coatings manufacturer. The deals expand H.B. Fuller’s capabilities in medical/topical skin-bonding adhesives and establish its first manufacturing presence outside the U.S. for its Construction Adhesives (CA) business, contributing an estimated $17 million in revenue and $2 million in adjusted EBITDA for fiscal 2023.

APPLIED Adhesives Acquires Heigl Adhesives

May 16, 2023

Industrial Services

APPLIED Adhesives, a PE-backed custom adhesive solutions provider, has completed its acquisition of Heigl Adhesives, a Minnesota-based supplier of industrial adhesives and dispensing equipment. The deal brings Heigl’s technical expertise and customer relationships into APPLIED’s platform to expand product offerings and service capabilities for manufacturers across multiple end markets.

Cinven Agrees to Acquire MBCC Admixtures from Sika

March 22, 2023

Manufacturing

International private equity firm Cinven has signed an agreement to acquire MBCC Group’s Admixtures business from Sika AG. MBCC Admixtures, headquartered in Mannheim, Germany, is a global manufacturer of concrete admixtures with more than 1,600 employees and 35 production sites; the transaction is subject to regulatory approvals and is expected to complete in the first half of the year.

APPLIED Adhesives Acquires American Chemical

October 12, 2021

Manufacturing

APPLIED Adhesives, a custom adhesive solutions provider based in Minnetonka, Minnesota, has acquired American Chemical, a regional supplier of adhesives and sealants located in Minneapolis, Minnesota. The acquisition strengthens APPLIED Adhesives' technical capabilities, in-house lab services and regional customer support; Krahn Capital Group advised American Chemical and the seller was former owner Dennis Werneke.

Meridian Adhesives Group Acquires E-Chem

July 3, 2020

Building Products

Meridian Adhesives Group has acquired E-Chem, a New Mexico-based designer and manufacturer of epoxy polymer products for concrete. E-Chem will join Meridian’s Infrastructure Division to expand Meridian’s presence in the infrastructure and concrete rehabilitation markets and leverage Meridian’s distributor network and resources to accelerate product development and market penetration.