Arclin, a material science company that manufactures polymer technologies, specialty chemicals and engineered building products for numerous end-markets has completed the purchase of RG Dispersants, ("RGD"), a producer of specialty dispersants and surface-active products from CPS Performance Materials.
"The addition of the Candiac and Cedartown teams and physical assets continues to add new products and markets for Arclin," said Bradley Bolduc, President & CEO of Arclin. "Arclin has a strategy to diversify our product offerings into areas that are related to our core chemical competencies and manufacturing expertise."
The new Arclin business will operate RGD's plants in Candiac, Quebec and Cedartown, and the acquisition will add approximately 150 new team members to Arclin's existing 850-person team.
Bolduc continued, "The addition of RGD will add applications such as wallboard, specialty concrete and specialty rubber / tire production it will strengthen our already established agriculture and natural resources business with new mission critical technologies further strengthening our product offerings in these sectors."
"We are excited to add these to a growing list of markets that already includes building products, pharmaceuticals, water treatment, agriculture, electronics, transportation infrastructure, natural resources and other end markets. We are very excited about the addition of RGD as we continue to transform Arclin into a more diverse material science company."
Transition efforts are well underway and Arclin anticipates a smooth transition for existing RGD Company customers.
Arclin was advised in this transaction by BMO Capital Markets and Kirkland & Ellis. CPS Performance Materials was advised in this transaction by Piper Sandler & Co. and Thompson Hine.
