Royal closes on Hardman acquisition
14 Nov 2005 by Evoluted New Media
South Bend, Indiana --Royal Adhesives and Sealants LLC has completed its acquisition of Elementis PLC's Hardman Adhesives and Elastomers business. Terms of the sale were not disclosed.
Belleville, New Jersey-based Hardman makes and markets epoxy and urethane structural adhesives, specialty elastomers, and electrical potting and encapsulation compounds.
Royal said the Hardman operation will continue to be located and operated in Belleville, and its workers now are officially employees of Royal.
The addition will boost Royal´s annual sales to more than $75 million.