BEACHWOOD, Ohio -- Tremco Group announced theacquisitionof certain assets ofChemtron ManufacturingLtd., a Calgary-based manufacturer of construction adhesives, sealants and tapes with annual net sales of approximately $5 million. Terms of the transaction were not disclosed.
The business will operate as Chemtron International, Inc. and will work closely with the Tremco Commercial Sealants & Waterproofing Division (Tremco CS&W) due to synergies between the two businesses. Tremco CS&W is a leading North American supplier of integrated building envelope solutions for commercial and residential construction and industrial applications.
The Chemtron product line includesadhesives, caulks, glazing tapes, mastics, sealantsand related compounds for the OEM and construction markets. In addition to its headquarters and 52,000-square-foot manufacturing plant in Calgary, Alberta, the company also has a distribution facility in Edmonton, Alberta.
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