Chapco acquires GE’s commercial flooring adhesives business
ROMEOVILLE, Ill. -- Ray Kline Jr., president of Chicago Adhesive Products Co. (Chapco), has confirmed that his company acquired GE Sealants & Adhesives’ commercial flooring adhesive business on April 1.
The transaction covers GE’s proprietary formulations, finshed goods inventory and the AIM brand name. No buildings or manufacturing equipment were included in the deal. In addition, GE Sealants and Adhesives (GESA) will continue to manufacture products for Chapco during a transition period to allow production to be moved to Chapco’s Dalton, Ga. plant.