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MAPEI acquires assets of All-Purpose Adhesive Company

May 19, 2009

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MAPEI has acquired the assets of All-Purpose Adhesive Company (APAC) of Dalton, Ga., a manufacturer of adhesives for the installation of floor covering materials such as resilient flooring, carpet, ceramic tiles and vinyl composition tiles (VCT). MAPEI will be incorporating the APAC brand as an addition to the MAPEI group.

“This acquisition is in line with our long-term strategy,” said Giorgio Squinzi, CEO of MAPEI Group. “We pursue organic growth in all markets, while considering interesting acquisitions wherever possible. Through the acquisition of the APAC assets, we gain a reliable industry brand that exhibits innovative technology, consistent product quality and strong performance.”

APAC’s manufacturing resources and geographic presence in Dalton, Ga., will be combined with MAPEI’s technology in product development, the company said. The Dalton location, with its proximity to raw materials, is also a key factor in maintaining operating efficiencies in MAPEI’s manufacturing process for floor covering installation systems.

“Over the coming months, we will integrate the APAC brand with our other lines to strengthen MAPEI’s position in the floor-covering installation systems market segment,” said MAPEI Americas president and CEO Ranier Blair.

The teams responsible for the APAC brand will carry on business as usual with APAC’s current customers, and the company is currently expanding the APAC sales force to gain additional sales, according to the company.  

“MAPEI’s leading role around the world in the manufacture of chemical products for the building industry allows us to take a particularly long-range view of market developments,” Squinzi said. “This has enabled MAPEI to act positively in these trying economic times, confirming our status as a solid and constantly growing company based on continuous innovation. The secret behind MAPEI’s constant growth lies, as always, in very concrete values, such as constant commitment to achieve excellence in our work and an ability to plan for the future with a great sense of responsibility towards our business partners. Our commitment to growth in the Americas is evidenced by such affirmative steps as the addition of the APAC brand to our existing lines. We take great pride in welcoming the APAC associates and stakeholders to the MAPEI family.”


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