Gabriel Performance Products, an Akron-based specialty chemicals company serving the coatings, adhesives, and composite end markets, has agreed to acquire a select portfolio of alkyd resins from Deltech Resin Co.
Gabriel has purchased a subset of Deltech’s alkyd resin product line. Gabriel will produce these products in its Harrison City, Pennsylvania facility, home of its Ranbar® alkyd resin technology. The products are viewed as highly complementary to Gabriel’s current offering of alkyd resins.
The Gabriel sales team intends to work with customers to ensure a smooth transition.
Deltech remains an active producer of specialty alkyds and other products for the coatings market and expects no changes to their New Cumberland, West Virginia facility.
The transaction marks Gabriel’s 5th acquisition since 2014 and builds on its focus of growing its proprietary product portfolio serving the CASE end market.