ICP Enters Acquisition Agreement with Choice Adhesives, Bolstering Roofing Solutions Portfolio
ANDOVER, Mass. — 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, 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.”
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.
“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.”
Choice Adhesives is headquartered in Cincinnati, Ohio, and maintains manufacturing and warehouse locations throughout North America.
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