November 12, 2018
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Prairie Technology Group Inc., by Applied Adhesives, a division of Applied Products, Inc.
Prairie Technology Group, located in Hutto, Texas, is a leading supplier of epoxy, polyurethane, acrylic adhesives, release agents, silicones and sealants. Since 1984, Prairie Technology has served accounts throughout the world. Key customers operate in industries such as boat manufacturing, heavy-duty truck bodies, turbine blades, water treatment tanks, aerospace and others.
“Prairie Technology Group has a long-standing reputation as a strong value-added supplier of adhesives and sealants to the Product Assembly/Durable Goods market segments. We intend to build upon Prairie’s strengths and expand our value-proposition throughout the US and Mexico,” said Brian Webb, President of Applied Adhesives. “We look forward to continuing our shared tradition of providing innovative technology, exceptional customer service, and industry-leading solutions to our customers.”
Applied Adhesives’ acquisition of Prairie Technology Group marks its fourth acquisition in the past 12 months, following the acquisitions of Adhesive Brokers, United Adhesive Products and Pacific Adhesives.
Founded in 1971, Applied Adhesives provides innovative and cost-effective adhesive solutions to customers throughout North America via the company’s partnerships with the world’s premier adhesive manufacturers.
Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.