Arsenal Capital-backed Meridian Adhesives to acquire the adhesives division of John P. Kummer.

Arsenal Capital-backed Meridian Adhesives, a manufacturer of adhesives and sealants technologies, agreed to acquire the adhesives division of John P. Kummer, a specialist distributor of instruments used in the manufacturing of semiconductors. Financial terms were not disclosed. The deal is expected to be completed by the end of April 2020. “Joining Meridian will allow us to open the gate to a much wider and diversified portfolio. Our positive reputation in the market combined with the technical support of Meridian will offer our clients the best of both worlds,” Nicolas Schwarz, John P. Kummer Managing Director.