Chandler, Arizona – Rogers has acquired Griswold, a manufacturer of custom-engineered cellular elastomer and high-performance polyurethane products. These have applications in electronics, automotive, consumer and general industrial markets.
‘Griswold is an outstanding strategic fit with Rogers’ elastomeric material solutions business,’ said Bruce Hoechner, president and CEO at Rogers. ‘It adds new products and capabilities to our EMS portfolio.’
The transaction closed on 6 July 2018, and terms were not disclosed. Rogers expects the transaction to be accretive to 2019 earnings per share.