Suppliers News

Uniroyal To Sell Adhesives Segment

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By: KERRY PIANOFORTE

Editor, Coatings World

Uniroyal To Sell
Adhesives Segment
l Uniroyal Technology Corporation, Sarasota, FL, has signed a letter of intent to sell its specialty adhesives segment. Proceeds from the sale are expected to be approximately $25 million. The sale, which is subject to various contingencies including the negotiation and execution of a definitive asset purchase agreement, was scheduled to close in last month.

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