US adhesives and coatings manufacturer Tangent Industries and German based adhesives manufacturer Panacol-Elosol, are both part of the adhesives division within the Honle Group.
To better support the growth requirements of their global customers, and present a more unified product offering, Tangent Industries has changed its name to Panacol-USA effective from October 1st, 2018.
Panacol-Elosol will gradually assume full ownership of the newly named Panacol-USA within a five-year timeframe. “With this decision we see synergies such as global marketing and to provide adhesive products under one brand to our worldwide acting customers”, explains Florian Eulenhöfer, managing director of Panacol-Elosol.
Tangent Industries has been specialising in the development and production of UV curing acrylic adhesives and coatings since 1994. Panacol was the distributor for Tangent products outside the Americas since the company’s beginnings.
The focus of Panacol-USA will remain on the development, production, and sales of innovate UV acrylic adhesives and coatings from its facility in Torrington, connect. The organisation’s management and team will remain intact.
Panacol-Elosol and Panacol-USA, both members of the global Hoenle group, are suppliers of industrial adhesives, with a product range that includes UV curable adhesives and coatings, structural epoxies and conductive materials for electronics assembly.
Panacol-USA is also a provider of UV/LED processing systems in the Americas, designed and manufactured by Dr. Hoenle AG, a global technology leader of industrial UV curing devices and systems.