Hercules To Distribute Wisdom Adhesives Products
Dec. 8, 2006 - Hercules said that its Paper Technologies and Ventures Group will become the exclusive distributor for Wisdom Adhesives products and services for the worldwide pulp and paper industry.
Terms of the deal were not disclosed.
"We see this as an excellent example of how we can strengthen our core business by moving into adjacent markets that expand our ability to provide new and innovative products to our customers," said Paul Raymond, president, Hercules Paper Technologies and Ventures.
According to Hercules, Wisdom Adhesives will continue with manufacturing activities and Hercules will manage the marketing, sales and service of the portfolio of adhesives products.
Hercules will initially focus on the Tissue and Towel market segment and the products will be marketed under the Hercules Dimension brand name, the company added.
SOURCE: Hercules Inc.