AXSON, headquarted in France, specialises in high performance polymer formulation for a variety of markets. It has three business units – AXSON Technologies, AXSON Coatings and AXSON REVOCOAT.
CASS Polymers, headquartered in Oklahoma City, is a collection of companies that specialise in formulation and distribution of high performance adhesives and coatings.
| The agreement with CASS Polymers gives us one of the most complete product offerings in the tooling, adhesives and composites industries. The combined products, sales and R&D organisations, as well as distribution network, greatly improve our market position in North America. |
| Charles Churet, Axson President |
CASS Polymers will be integrated into Axson US Inc and Axson Technologies will manage the acquired business and brands, which include Tool Chemical Composites (TCC), ADTECH Plastic Systems, ADTECH Marine Systems, and SPARTITE.
The acquisition strengthens Axson Technologies' focus on providing high performance polymer formulations to the tooling, prototyping, structural adhesive and composite markets globally and in North America, more specifically.
Axson will continue to offer the Tool Chemical Composites (TCC), ADTECH, ADTECH Marine and Spartite lines which include well known products such as Model Plank®, Pattern Plank®, Die Plank®, Fixture Plank®, ProBuild and other ADTECH Marine products. The current Axson Technologies product line also includes Prolab, Lab 850, SC Modeling Paste, Adekit Adhesives, PX Series prototyping urethanes, APF Series polyester putties and the Wood & Stone Company products.
“Although Axson and CASS have been competitors for many years, our management teams have been working together for several months to develop a structure to accelerate combined growth and market presence for our broad product offerings," says CASS Polymers President Doug Frans.
"This action tightens the focus of CASS Polymers on our speciality adhesives, coatings and linings businesses and places our ADTECH Plastic Systems and Tool Chemical Composites products in very good hands.”
