The agreement reportedly covers the global rights related to the formulation and manufacturing process in addition to customer information to 11 solvent acrylic PSA products.
RPM International Inc. recently reported a 20% increase in net income and a 19% increase in earnings per diluted share on an 8% sales increase for its fiscal 2016 second quarter.
ASI will reportedly continue as a strategic subsidiary of Royal Adhesives & Sealants focusing on the assembly adhesives market through its global distribution network.
January 6, 2016
Royal Adhesives & Sealants LLC recently announced it has acquired Adhesive Systems Inc. (ASI).