M&A

Chase Corporation buys UK sealants maker Hylomar

What's the deal? Chase CorporationDealroom has a profile for this one. Try Dealroom →, a Massachusetts-based maker of engineered materials, has acquired Hylomar Holdings LimitedDealroom has a profile for this one. Try Dealroom →. The Wigan, England company designs and manufactures specialized sealants and adhesives for the industrial, transportation, aerospace, power generation, and electronics markets. Terms were not disclosed.

What's the endgame? The deal expands Chase's footprint in specialty sealing and adhesive materials. HylomarDealroom has a profile for this one. Try Dealroom →'s portfolio spans non-setting gasketing compounds, silicone sealants, anaerobic adhesives, structural adhesives, and sealing putties.

Why Hylomar? The company brings more than 60 years of experience in high-performance sealing for demanding engineering applications. Its formulations are specified by aero-engine manufacturers including Rolls-RoyceDealroom has a profile for this one. Try Dealroom → and Pratt & WhitneyDealroom has a profile for this one. Try Dealroom →.

"We have a tremendous opportunity to expand Hylomar's presence in the industrial, aerospace and transportation markets leveraging Chase's global scale," said Eric Conley, chief executive officer of Chase Corporation. He pointed to Hylomar's "strong brand name, differentiated technology and global presence."

What changes? Hylomar employees will join Chase's broad-based ownership program, which lets staff share in the benefits of equity ownership.

The signal: The purchase adds an established brand and OEM relationships to Chase, which was founded in 1946 and serves the industrial, infrastructure, and electronics sectors. For customers, it means a broader combined portfolio of protective materials backed by wider global reach.

Image credit: Generated with Gemini

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