11/2/21, 12:15 AM
Applied Adhesives Acquires ADQ | News | Arsenal Capital Partners
Portfolio News
Applied Adhesives Acquires ADQ
October 28, 2021
MINNETONKA, Minn. – APPLIED Adhesives, a premier custom adhesive
solutions provider in North America, today announced that it has
completed its acquisition of ADQ Inc., a regional supplier of adhesives and
associated dispensing equipment located in Whitestown, IN. This
acquisition strengthens the Company’s commitment to providing industry
leading products, technical expertise, and exceptional service to its
customers.
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11/2/21, 12:15 AM
Applied Adhesives Acquires ADQ | News | Arsenal Capital Partners
“ADQ’s focus on being a complete adhesive solutions provider to their loyal
customer base has enabled Fritz Woerner and Mike South to build a
wonderful business,” said John Feriancek, President and CEO of APPLIED
Adhesives. “We are pleased to welcome ADQ to the Applied team and look
forward to providing ADQ’s customers with the same outstanding level of
technical expertise and customer service they have come to expect from
ADQ.”
“We grew our business over the last 21 years by being passionate about
serving our customers, being responsive to our customers, and providing
adhesives and equipment solutions that optimize their processes.” said
Fritz Woerner, Co-Owner of ADQ, Inc. “We are excited to join the Applied
team and continue providing outstanding adhesive and equipment
solutions to our customers.”
ADQ Inc is APPLIED Adhesives’ fourth acquisition in 2021.
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