Meridian Adhesives Group Acquires Prime Blend, LLC
Meridian Adhesives Group announced that it has added its fourteenth company to its portfolio with the acquisition of Prime Blend, LLC.
Prime Blend is a manufacturer and formulator of water-based and hot-melt adhesives and coatings. The company primarily serves the food and beverage packaging, paper/film and foil converting, and furniture markets.
Based in Elk Grove Village, Illinois, the company offers products used for bonding and coating decorative beverage cartons, microwave bags, industrial strapping, point-of-purchase displays, and various furniture applications.
Prime Blend CEO Jerry Stempel said, "In Meridian Adhesives Group, we found the right home. This investment by Meridian will strengthen our trajectory of rapid growth in our existing markets and open doors to new opportunities, enabling Prime Blend to leverage Meridian's broad technology platform for our highly loyal customer base and end users."
The Prime Blend team brings over 100 years of experience in formulating, manufacturing, and selling adhesives. The company's comprehensive production and warehouse capacity provides customers with faster deliveries and greater inventory availability, along with personalized service, specialized equipment, and high-quality technical support.
Meridian CEO Daniel Pelton said, "The addition of Prime Blend strengthens the Meridian portfolio while we work to expand our product and technology offerings within our Industrial Division. The acquisition adds significant end-use application expertise and a customer-centric business model to further support our vision as a leader in the adhesives industry."
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