Add-on Acquisition • Machinery

Applied Adhesives Acquires Adhesive Systems Technology

On June 28, 2021, Applied Adhesives acquired machinery company Adhesive Systems Technology

Acquisition Context
  • This is Applied Adhesives’ 1st transaction in the Machinery sector.
  • This is Applied Adhesives’ 3rd transaction in the United States.
  • This is Applied Adhesives’ 1st transaction in Minnesota.

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M&A Deal Summary

Date June 28, 2021
Target Adhesive Systems Technology
Sector Machinery
Buyer(s) Applied Adhesives
Deal Type Add-on Acquisition

Target Company

Adhesive Systems Technology

Brooklyn Center, Minnesota, United States
Adhesive Systems Technology is a designer and manufacturer of metering, mixing & dispensing equipment for adhesives & sealants focused on the Industrial and Construction markets in North America. Adhesive Systems Technology is based in Brooklyn Center, Minnesota.
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Buyer Overview 1

Buyer

Applied Adhesives

Minnetonka, Minnesota, United States

Category Company
Founded 1971
Sector Distribution
DESCRIPTION

Applied Adhesives is a distributor of adhesives, dispensing equipment, assembly automation systems, and production tools. Applied Adhesives was founded in 1971 and is based in Minnetonka, Minnesota.


Deal Context for Buyer #
Overall 3 of 13
Sector: Machinery 1 of 4
Type: Add-on Acquisition 2 of 12
State: Minnesota 1 of 3
Country: United States 3 of 13
Year: 2021 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-13 Adhezion

Rockford, Michigan, United States

Adhezion is a distributor of adhesive products and application equipment focused on the automotive and packaging markets in North America. Adhezion is based in Rockford, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-12 American Chemical

Minneapolis, Minnesota, United States

American Chemical is a supplier of adhesives and sealants. American Chemical has supported the needs of its customers through new product development and in-house lab services for unique applications. American Chemical is based in Minneapolis, Minnesota.

Buy -