Nov 30 2007
Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates (“Dow”), announced today that it has completed the acquisitions of three epoxy systems formulators – UPPC AG in Germany, and GNS Technologies and POLY-CARB Inc. in the United States. Dow announced its intention to acquire the three formulators on September 13, pending regulatory approvals and standard closing conditions.
“We are pleased to complete the acquisitions and add such high-performing businesses to our Epoxy Systems portfolio,” said Pepe Carnevale, global business director for Dow Epoxy Systems. “All three companies are leading players in their respective markets and their vast experience in systems fits well with our rich technology. Bringing those two elements together will enable us to deliver more value to customers, including enhancements to products and services and the development of unique material solutions.”
Dow Epoxy Systems and its affiliates focus on applications in civil engineering and infrastructure, composites, wind energy, and other industries where their unique technologies and systems solutions can offer performance enhancement and differentiation to customers.
“We are pleased to welcome UPPC, GNS and POLY-CARB employees onto the Dow Epoxy Systems team and look forward to the success we will achieve together,” said Carnevale. “Our immediate goal is to ensure continued excellence in customer service and to begin accelerating product development and other growth activities.”