Polytek: Acquisition of Pro Marine Supplies
Polytek Development Corp., a manufacturer of speciality polymers for mould making and casting applications, announced the acquisition of Pro Marine Supplies. Financial details of the transaction were not disclosed.
Founded in 2013 and located in Englewood, FL, USA, Pro Marine supplies epoxy coating resins for a variety of professional and hobbyist applications, including arts, crafts, boat building, restoration and repair. Pro Marine brings additional epoxy expertise to Polytek’s consumer brand portfolio and expands the company’s ability to offer a rich set of casting solutions to professional artists, crafters and the do-it-yourself community.
Jonathan Kane, CEO of Polytek, commented: “Pro Marine’s unique experience in artistic and marine epoxy applications will allow us to provide additional product solutions, project inspiration, and technical support to our customers." Matt Bonwill, owner of Pro Marine, added: “We are excited to join Polytek and take our company to the next level.” Bonwill will remain in his current role through the integration process, and the two companies will continue to do business under their existing names.
Founded in 1984, Polytek is headquartered in Easton, PA, with operations in Pomona, CA, Kalamazoo, MI, and Franklin, IN, USA. The company is a manufacturer of speciality polymers including polyurethane elastomers and casting resins, silicone, latex, plastisol, thermoplastic elastomers, and epoxies.