The acquired company, Vinaldom, has successfully served the local market for decades with high-quality products that include concrete admixtures, fibers, adhesives, and sealants.
The merger of Budnick Converting and Evans EVCO brings together two companies with complementary capabilities, cultures, and commitment to customer service.
Kodiak's second acquisition in 2024, the purchase of Southern Adhesives and Coatings strategically enables the company to target the paper and packaging industries.
The transaction includes the sale of Hexion's Portland, Oregon, manufacturing facility as well as customer relationships, associated inventories, and transition of employees to Franklin International's team.
The acquisition will add capacity of 50,000 metric tons of recycled materials annually to advance progress towards Dow's 2030 Transform the Waste goal.
With this acquisition, Meridian will leverage the company’s extensive product range and expertise to provide a more comprehensive suite of adhesive solutions to its global customer base.