en.Wedoany.com Reported - DiversiTech Corp. announced that it has completed the acquisition of Polymer Adhesives Holdings LLC, a manufacturer of high-performance pipe sealants, adhesives, and firestop materials headquartered in Mineral Wells, Texas. DiversiTech is a portfolio company of Partners Group, and the specific financial terms of the transaction were not disclosed.

Previous owner DalFort Capital Partners acquired Polymer Adhesives in May 2023 and subsequently drove its expansion through two strategic acquisitions. Polymer Adhesives successively acquired Volunteer Adhesives, a Tennessee-based manufacturer of solvent-based and water-based adhesives, as well as Fielco Adhesives, a manufacturer and formulator of two-component epoxy systems. These acquisitions expanded Polymer Adhesives' product lines and manufacturing capabilities, solidifying its market position in specialty adhesives and sealants.

DiversiTech stated that this acquisition aligns with its growth strategy of expanding through mergers and acquisitions and enriching its complementary product portfolio. Headquartered near Atlanta, Georgia, DiversiTech is a leading manufacturer and supplier of components, accessories, and related products for the HVAC, electrical, and industrial markets.

The addition of Polymer Adhesives expands DiversiTech's business in adhesives, sealants, and firestop materials, particularly in HVAC-related applications. Polymer Adhesives' technical expertise in pipe sealant and specialty adhesive formulations complements DiversiTech's existing HVAC product lines and enhances its ability to serve contractors, distributors, and industrial customers.

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