Adhesives manufacturer MAPEI has acquired the assets of All-Purpose Adhesive Company (APAC) of Dalton, GA. APAC manufactures state-of-the-art, environmentally friendly adhesives for the installation of floor-covering materials such as resilient flooring, carpet, ceramic tiles and vinyl composition tiles (VCT). MAPEI will be incorporating the APAC brand as a valued addition to the MAPEI Group, the company says.
“This acquisition is in line with our long-term strategy,”
commented Giorgio Squinzi, ceo of MAPEI Group. “We pursue organic growth in all
markets, while considering interesting acquisitions whenever possible. Through
the acquisition of the APAC assets, we gain a reliable industry brand
that exhibits innovative technology, consistent product quality and strong
“Over the coming months, we
will integrate the APAC brand with our other lines to strengthen MAPEI’s
position in the floor-covering installation systems market segment,” said MAPEI
Americas president and ceo Rainer Blair.
The teams responsible for the APAC brand will carry on
business as usual with APAC’s current customers, and the company is currently
expanding the APAC sales force to gain additional sales. The collective product
lines of MAPEI and APAC will complement each other, offering customers a
wider-based total solution for their floor-covering adhesive needs.
MAPEI acquires APAC's assets
April 6, 2009