Audax Private Equity-backed Innovative Chemical Products (ICP) has acquired adhesives maker Fomo Products Inc. for an undisclosed amount, as M&A in the sector continues to build up.

Fomo, founded in 1975 and based in Norton, Ohio, manufactures adhesives, sealants and spray foam products. The company owns the Handi-Foam, Handi-Flow, Handi-Stick and Silent Seal brands. “The opportunity for continued growth and our complimentary cultures make this an ideal fit,” says Fomo president Stefan Gantenbein.

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