Axson acquires CASS Polymers of Michigan

CASS Polymers of Michigan will be integrated into Axson US Inc. Brands include Tool Chemical Composites, ADTECH Plastic Systems and SPARTITE.

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On August 27, Axson Technologies (Cergy cedex, France and Eaton Rapids, Mich.) announced that is has acquired Cass Polymers of Michigan Inc. (Madison Heights, Mich., a Cass Polymers company). Cass Polymers of Michigan will be integrated into Axson US, Inc. and Axson Technologies will manage the acquired business and brands, which include Tool Chemical Composites (TCC), ADTECH Plastic Systems, ADTECH Marine Systems, and SPARTITE.

According to Axson, the acquisition fortifies its focus on providing high-performance polymer formulations to the tooling, prototyping, structural adhesive and composite markets globally and in North America, more specifically. Axson will continue to offer the Tool Chemical Composites (TCC), ADTECH, ADTECH Marine and Spartite lines which include well known trademarked products such as Model Plank, Pattern Plank, Die Plank, Fixture Plank, ProBuild and other ADTECH Marine products. The current Axson Technologies product line also includes Prolab, Lab 850, SC Modeling Paste, Adekit Adhesives, PX Series prototyping urethanes, APF Series polyester putties and the Wood & Stone Company products.

Axson president Charles Churet says, “The agreement with CASS Polymers gives us one of the most complete product offerings in the tooling, adhesives and composites industries.The combined products, sales and R&D organizations, as well as distribution network, greatly improve our market position in North America.” CASS Polymers president Doug Frans notes, “Although Axson and CASS have been competitors for many years, our management teams have been working together for several months to develop a structure to accelerate combined growth and market presence for our broad product offerings. This action tightens the focus of CASS Polymers on our specialty adhesives, coatings and linings businesses and places our ADTECH Plastic Systems and Tool Chemical Composites products in very good hands.”

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