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Polytek® Development Corp.Announces Acquisition of Specialty Resin & Chemical | Around the Web-Pennsylvania - Pennsylvanianewstoday.com

Easton, Pennsylvania When Dowagiac, Michigan, September 7, 2021 / PRNewswire /-Polytek® Development Corp, a manufacturer of specialty polymers for coating, mold making and casting applications. (“Polytek”) today announced the acquisition of Specialty Resin & Chemical. Polytek is a portfolio of Arsenal Capital Partners.

Established in 2007 Dowagiac, Michigan, Specialty Resin & Chemical is a supplier of user-friendly mold making, casting and coating products such as bar top epoxy resin and polyurethane resin. With a focus on customer service and a focus on providing products specifically designed for the hobby and arts community, it blends well with Polytek’s existing consumer brands.

Doug Lorenz, Polytek’s CEO commented: We are very excited to help them build and grow based on the great success they have already achieved. ”

Daniel WilsonOwners of Specialty Resins & Chemicals will continue to play an active role within the Specialty Resins & Chemicals brand, and both companies will continue to operate under their existing names. “Our goal is very closely aligned with Polytech’s mission and we want to join their team. We support our customers while developing new product options for them. I look forward to continuing to work. “

Genesis Capital, LLC was a financial adviser to Polytek.

About Polytek® Development Co., Ltd.

Polytek® Development Corp, founded in 1984. teeth, Easton, Pennsylvania By operation with Pomona, California, Galesburg, Michigan, Franklin, Indiana, Grants Pass, Oregon, When South St. Paul, Minnesota. Polytek is a leading manufacturer of special polymers such as polyurethane elastomers and cast resins, silicones, epoxies, latexes, thermoplastic elastomers and board materials. These systems are primarily used in industrial and consumer sector mold making, casting, and coating applications such as construction and restoration, arts and crafts, DIY, product design and manufacturing, entertainment, and education.Polytech® Brands include raw material suppliers, aluminum lights, BCC products, Environmental Technology, Inc. Includes, Pro Marine Supply, Stone Coat Countertops, Incredible Solutions, Custom Polymer Designs, MAS Epoxy. Corporation.polytek.com

About Special resin & chemistry

Specialty Resins & Chemicals provides high quality mold making, casting and coating solutions to enthusiasts, small businesses and the DIY community. The product line includes epoxy resins, polyurethane resins and rubbers, silicone rubbers and related accessories. specialtyresin.com

About Arsenal Capital Partners

Arsenal is a professional private equity firm with market-leading franchises in the industrial and healthcare sectors. Since its founding in 2000, Arsenal has raised equity investment funds for institutional investors. $ 5.3 billionCompleted investment in more than 200 platforms and add-ons, and achieved more than 30 realizations. The company works with management to build strategically important companies with market position, high growth and high added value. www.arsenalcapital.com

Media contacts:

Denny Boyer so dboyer@polytek.com

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Source Polytek Development Corp.

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