Kodiak, a speciality chemicals supplier, has expanded its market reach with the acquisition of Southern Adhesives and Coatings.
This move positions Kodiak to target the paper and packaging industries.
Based in Ohio, US, Southern Adhesives and Coatings is a boutique supplier known for its advanced adhesive and coating products.
The company's portfolio includes advanced adhesive and coating products for various applications, including laminating paper and cardboard, glueing labels, and lining food packages, including beverage cans.
The adhesives are categorised into hot-melt, waterborne-, and solvent-based systems.
With the industry's growing focus on sustainability, Southern Adhesives and Coatings has been at the forefront of developing environmentally friendly technologies.
The integration of its technology with Kodiak's manufacturing assets, research and development, and dedicated sales team is expected to accelerate growth opportunities.
Kodiak CEO Kevin Dickey said: "By acquiring Southern Adhesives and Coatings we continue to execute our growth strategy - expanding our product portfolio, while consolidating manufacturing in our state-of-the-art facilities located in Cincinnati, Ohio and Wayne, Oklahoma.
"Our customers around the globe have demonstrated their receptiveness to our capabilities - helping them streamline procurement through consolidation of suppliers who can solve their ever-changing needs."
This is Kodiak's second major acquisition in 2024 after Aztech Lubricants in Oklahoma, enhancing its speciality powders and process fluids for the wire-drawing industry.
In the first quarter of 2023, the company acquired Cincinnati-based Coolant Control and Vulcan Oil.
Kodiak's latest acquisition not only strengthens its foothold in the paper and packaging industries but also supports its offerings in the automotive, aerospace, construction, metals, and energy sectors.