Krayden acquires Northern Composites
Acquisition will strengthen both company’s supplier relationships and enhance breadth of premium quality composite materials distributed.
It was reported on Feb. 10 that Krayden, Inc. (Denver, Colo., U.S.) a specialty chemicals distributor for the aerospace, electronics, transportation and industrial sectors, has acquired Northern Composites (Hampton, N.H., U.S.).
“We admire Northern Composites, and plan to leverage their expertise in composites, along with their manufacturing and kitting capabilities,” says Wayne Wagner, president of Krayden. “They are a perfect complement to our own company culture and approach to business.”
Northern Composites is a distributor of premium quality composite materials and a manufacturer of Northern Composites-branded vacuum bagging materials and accessories. Products include: process materials, prepregs, structural and woven reinforcements, component resins, release agents, surface treatments, tooling products and tools and accessories.
Richard Hewett, GM of Northern Composites says, “Krayden is a great fit with their 18 global facilities and 60+ outside technical sales representatives. They have a stronger relationship with top tier suppliers and a fantastic reputation for providing technical service and assistance. Our customers will continue to receive a high level of service and have access to a much broader product line.”
Krayden customers will now have access to the Northern Composites brand of vacuum bagging technologies and accessories, which include bagging films, release films, sealant tapes, breathers, prepregs, peel plies and kitting.
Further, Northern Composite customers will now have access to what is said to be one of the largest stocking distributors of Dow silicones, Henkel adhesives and technologies in all markets, Huntsman, Humiseal (Chase), Alpha Metals, ITW Plexus /Devcon, HB Fuller, Bostik, 3M, Sika and many other premium product lines.
All Northern Composite employees are staying on and the company will continue to operate at its existing facilities (Hampton, N.H., and Greensboro, N.C.). The company will also continue to serve its Mitsubishi prepreg customers directly, as well as continuing to use the Northern Composites name, and will comply with the terms and conditions of all existing and future customer purchase orders.
