Cranston, US – Hot on the heels of Rhode Island-based Mearthane Products Corporation (MPC) announcing its acquisition of Precision Elastomers, the company – which develops ands manufactures bespoke polymer products, with a focus on thermoset polyurethane elastomers for use in high-performance applications – announced a new strategic alliance with Compass Group Equity Partners on January 11.
MPC provides precision PU technology solutions to a broad blue-chip customer base across a number of end markets, and has over 55 years of experience in PU formulation and processing.
Bobby Bryan, Compass Group director, said: “MPC has a long-standing reputation of providing comprehensive design solutions and consistently delivering superior urethane products. We are confident MPC has the right management team and capabilities to capitalise on multiple opportunities for continued expansion in the advanced materials sector.”
Pete Kaczmarek, MPC president and CEO said: “The MPC team is excited to partner with Compass Group for the next phase of our growth and diversification strategy. Our vision is to have the broadest set of thermoset polyurethane formulation and processing capabilities in the industry, and Compass shares our passion for this growing market.”