ICP Adhesives and Sealants, Inc. has announced its acquisition of Fomo Products Inc. The company will be integrated with ICP’s Adhesives and Sealants division. Fomo is a manufacturer of low pressure polyurethane sealants and adhesives. ICP’s rapid growth has already led to its acquisition of Polyfoam Products, Inc., a company specializing in pressurized polyurethane foam adhesives, and now Fomo is being added to its portfolio.
Fomo’s low pressure polyurethane sealants, adhesives, spray foams and pour in place foams are used in the packaging industry and are also used to seal mine air ventilation systems. A spokesperson from Fomo said that its integration with ICP Adhesives will improve efficiency and add value.
ICP Adhesives and Sealants also serves the packaging market with polyurethane foam sealants, but will now have the benefit of Fomo’s patented technologies and specialized workforce. Fomo is ICP’s fourth acquisition as ICP strives to obtain full market leadership in this sector.