Meridian Adhesives Group has acquired Tri-Tex Co Inc.'s adhesives division to enhance its packaging solutions and strengthen its market presence.

Information on the Target

Tri-Tex Co Inc., headquartered in Canada, is a prominent player in the global chemical industry, recognized for its specialized adhesives division. This division manufactures a variety of adhesives, including hot melt, water-based, pressure-sensitive, and general-purpose adhesives, catering to sectors such as packaging, paper converting, woodworking, and millwork.

The Tri-Tex adhesives business is poised to bolster Meridian's existing Packaging Division, which encompasses esteemed brands like Prime Blend and Evans Adhesive Corp. This acquisition enables Meridian to widen its product offerings and reach in diverse geographical areas.

Industry Overview in Canada

The Canadian adhesive market is characterized by its robust growth, driven by the rising demand from various end-user industries. As manufacture