CohesiveTec

MILWAUKEE (October 28th, 2026) – CohesiveTec Pty Ltd (“CohesiveTec”), a leading Australian manufacturer of adhesives, sealants and aerosol products for the manufacturing, assembly and construction sectors, has been acquired by Soudal Group (“Soudal”), the Belgian family-owned producer of sealants, adhesives and polyurethane foams. Headquartered in New South Wales, CohesiveTec operates two production facilities and will continue to grow its trusted brands and customer-focused service, supported by Soudal’s global resources, technology and expertise. The acquisition reinforces Soudal’s strategic ambitions in high-performance adhesives and significantly strengthens its position across Asia-Pacific. Grace Matthews served as financial advisor to CohesiveTec and its shareholders. Terms of the transaction were not disclosed.

CohesiveTec serves key markets including woodworking, construction, upholstery, flooring, HVAC and transportation, where its established Tensor, Sabre and HeroGrip brands are recognized for their strength, durability and ease of use. With more than 25 years of experience, the company has built a differentiated position in canister and aerosol adhesive technology, complemented by a broad portfolio of reliable, innovative adhesives, sealants and aerosol products. Its experienced sales team combines deep technical expertise with close customer collaboration, and by focusing on demanding applications where bond strength and application speed are critical, CohesiveTec has delivered long-term double-digit growth, exceptionally high customer retention and enduring customer relationships across Australia, New Zealand and other important Asian markets.

“We are proud to welcome CohesiveTec to Soudal Group,” said Vic Swerts, Chairman of Soudal Group. “This acquisition strengthens our position in Asia-Pacific and brings together two companies with a shared commitment to technical excellence, customer service and long-term growth. CohesiveTec’s market expertise and strong potential will accelerate our international ambitions in high-performance adhesives and industrial applications.”

“In Soudal, we have found a strong partner that will secure the future of our ambitious company,” said Ricky Earl, Managing Director of CohesiveTec. “We share the same entrepreneurial spirit, family values and business ethics. With access to Soudal Group’s international footprint and capabilities, we can accelerate growth and diversify into new market segments while preserving the customer focus that defines CohesiveTec.”

ABOUT COHESIVETEC
Headquartered in New South Wales, Australia, CohesiveTec Pty Ltd has more than 25 years of experience manufacturing adhesives, sealants and aerosol products. The company specializes in canister and aerosol adhesive technology through its Tensor, Sabre and HeroGrip brands. CohesiveTec employs 66 people and operates two production facilities, with offices across Australia, New Zealand, India and Malaysia. For more information, visit www.cohesivetec.com.

ABOUT SOUDAL
Soudal is the largest independent producer of sealants, adhesives and PU foam products for professional and private users in Europe. Headquartered in Turnhout, Belgium, the 100% family-owned company employs approximately 5,000 people, operates 36 production sites worldwide and generated 2025 revenue of more than €1.5 billion. For more information, visit www.soudal.com.

ABOUT GRACE MATTHEWS
Grace Matthews, Inc., a Milwaukee-based investment bank, provides merger, acquisition, and corporate finance advisory services to private and public companies across the chemical and material science value chain. Over the past 25 years, Grace Matthews has successfully completed over 175 transactions on behalf of private, middle-market companies, private equity firms, and large multi-national corporations. For more detailed information on Grace Matthews, visit www.gracematthews.com.