SP Completes Acquisition of ATC Chemicals

01 August 2003

The SP Group has completed the acquisition of the assets of the former ATC Chemicals Inc. The acquisition consists of the manufacturing operations for Core-Bond, Poly-Bond and Poly-Fair polyester adhesives, based in Drummondville, Quebec, the two manufacturing facilities for Core-Cell structural foam, in Drummondville and Magog, Quebec, as well as various other assets.

SP will integrate these former ATC operations into the SP network of manufacturing facilities which includes plants in the UK and in Spain.

“Our acquisition of these assets allows us to ensure the continued supply of what have become key structural materials in the composites industry”, remarked David Cripps, SP’s Head of Planning and Communications at the UK headquarters.

“ATC has developed unique foam and adhesive products that complement our current composite materials range. The products are well known amongst our existing customers for their exceptional characteristics. We are pleased to have been able to secure their future manufacturing and development.”

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