Axson has acquired CASS Polymers of Michigan, a group of companies that specialise in the formulation and distribution of high performance adhesives and coatings with its headquarters in Oklahoma City.
CASS polymers of Michigan Inc. will be integrated into Axson US with Axson Technologies managing the acquired business and brands, which include Tool Chemical Composites (TCC), Adtech Plastic Systems, Adtech Marine Systems, and Spartite.
The acquisition strengthens Axson Technologies focus on providing high performance polymer formulations to the tooling, prototyping, structural adhesive and composite markets globally and in North America, more specifically. Axson will continue to offer the Tool Chemical Corporation (TCC), Adtech, Adtech Marine and Spartite lines as well as other Adtech Marine products. The current Axson Technologies product line also includes Prolab, Lab 850, SC Modeling Paste, Adekit Adhesives, PX Series prototyping urethanes, APF Series polyester putties and the Wood & Stone Company products.
Axson President, Charles Churet stated,
The agreement with CASS Polymers gives us one of the most complete product offerings in the tooling, adhesives and composites industries. The combined products, sales and R&D organisations, as well as distribution network, greatly improve our market position in North America