North Carolina, US – Meridian Adhesives Group has acquired Thai adhesive specialist PAS Bangkok. The deal extends the Arsenal Capital Partners portfolio company’s reach in the Asia-Pacific region.
PAS Bangkok has been distributing adhesives, sealants, tapes, cleaning chemicals and greases, plus related dispensing and curing equipment, for the past 12 years. It focuses on supplying the advanced electronics and manufacturing industries.
Meridian said the acquisition will broaden its product offerings, while also reinforcing its commitment to providing a comprehensive portfolio of adhesives to diverse market. By integrating PAS Bangkok’s services, it said, it will help it deliver enhanced value to customers across the region.
“The acquisition … will continue to position Meridian to achieve its global expansion strategy,” said Charles Lai, Meridian’s MD in the APAC region. “Their expertise and established relationships within the industry will enhance our ability to serve customers with advanced solutions and localised support.”
PAS Bangkok general manager Vincent Beh said that his company is “thrilled” to join Meridian. “Our company’s journey has been defined by a commitment to excellence, innovation, and customer-focused solutions,” he said. “Partnering with Meridian, a global leader in adhesives, will enable us to expand our reach and capabilities, ultimately providing even greater value to our customers.”