PRESS RELEASE: Applied Adhesives acquires Pacific Adhesives, Inc.

PRESS RELEASE: Applied Adhesives acquires Pacific Adhesives, Inc.

Acquisition strengthens Applied’s position in the North American adhesive market

Minnetonka, MN – September 19, 2018 – Applied Adhesives, a premier value‐added distributor of adhesive products in North America, is pleased to announce the acquisition of Pacific Adhesives, Inc., a manufacturer and distributor of hot‐melt, water‐based and palletizing adhesives. Applied’s acquisition of Pacific will add to its already extensive portfolio of best‐in‐class adhesive technologies.

“Pacific Adhesives is a premium manufacturer and supplier within the North American adhesive market and we are very pleased to bring our two companies together,” said Dan Horner, CEO of Applied Adhesives. “We look forward to continuing our shared tradition of providing exceptional service, value and solutions to our customers.”

Applied will continue to market Pacific Adhesives branded technology as well as manufacture and distribute adhesives from Pacific’s Sacramento, CA headquarters.

“We are very proud of what we have accomplished over the past forty years, first and foremost that we have one of the most loyal customer bases in the adhesive industry,” said Snider Martinelli, President of Pacific Adhesives. “A key aspect of our interest in being acquired by Applied was our shared belief in delivering superior customer service. I look forward to working with Applied to continue providing the best possible adhesive solutions and service to our customers.”

Applied’s acquisition of Pacific Adhesives marks its third acquisition in the past twelve months following the acquisitions of Adhesive Brokers and United Adhesive Products in the fourth quarter of 2017.

About Applied Adhesives

Founded in 1971, Applied Adhesives, a division of Applied Products, Inc., provides innovative and cost‐ effective adhesive solutions to customers throughout North America via the company’s partnerships with the world’s premier adhesive manufacturers. For more information, please visit us at www.applied‐adhesives.com.

Contact:

John Feriancek
Chief Financial Officer
Applied Products, Inc.
(800) 365‐2480 jferiancek@appliedproducts.com