ICP Enters Acquisition Agreement With Choice Adhesives, Bolstering Roofing Solutions Portfolio

With the purchase of the Virginia-based specialty adhesives manufacturer, ICP Building Solutions Group (BSG) will strengthen its offering in the professional roofing adhesive market.

ANDOVER, Mass.–(BUSINESS WIRE)–Innovative Chemical Products (ICP Group) today announced it has entered into an agreement to acquire Choice Adhesives, a leader in custom adhesive solutions for a variety of industries, with the intent to close mid-May.

Choice Adhesives’ strong offering in the professional roofing adhesives market will be highly complementary to the growing ICP Building Solutions Group (ICP BSG) portfolio, which includes trusted roofing brands like Polyset® and APOC®. By broadening its technological capabilities in the roofing space, ICP BSG will have a greater ability to serve professionals everywhere.

“Choice Adhesives has long brought innovative adhesive product technology to the market and has maintained strong relationships with their customers for decades,” said Doug Mattscheck, President and CEO, the ICP Group. “With the addition of Choice Adhesives to the ICP BSG family, we’ll be enhancing our position in the roofing adhesive market to better serve our professional customers.”

“We’re happy and excited to join the ICP BSG family,” said Bob Johnson, CEO of Choice Adhesives. “We have a long history of technological innovation and strong service in the adhesives industry, and we’re looking forward to continuing that journey in partnership with the ICP team.”

In addition to roofing, Choice Adhesives provides solvent-based, water-based, aerosol and hot-melt adhesives to a variety of markets and applications, including high-pressure laminate, furniture, woodworking, insulation, foam fabricating, recreational vehicles, footwear and more.

Choice Adhesives is headquartered in Cincinnati, Ohio, and maintains manufacturing and warehouse locations throughout North America.

For more information about Choice Adhesives, visit www.choiceadhesivescorp.com. For more information about ICP Building Solutions Group, visit www.icpgroup.com.

About ICP Building Solutions Group

ICP Building Solutions Group is the foremost supplier of professional products and solutions for building envelope, cementitious and sports surface needs. Comprising dozens of industry-leading brands across numerous industries and applications, ICP Building Solutions Group offers the industry’s most comprehensive portfolios to building professionals all over the globe, all backed by its exclusive MasterWorks training and education program. For more information, visit www.icpgroup.com.

About ICP

Innovative Chemical Products (the ICP Group) is a leading specialty chemical manufacturer in North America and provides coatings, adhesives and sealants globally. With operations headquartered in Andover, Massachusetts, and multiple manufacturing facilities around the world, ICP serves multiple end markets, including building materials, specialty construction, industrial, packaging, printing and sports surfaces. ICP Group is privately held and manufactures products under several recognized specialty groups. For more information, visit www.icpgroup.com.

Contacts

Bridget Hagan

bridget.hagan@akhia.com
330.463.5650

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