Accumetric

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Accumetric

Findings

Accumetric was acquired by Soudal in 2014 and became Soudal Accumetric. Accumetric has maintained its status as an important state of the art manufacturing and distribution facility of adhesive, sealant, and lubricant products for Soudal USA.

Accumetric:

History

Overview

  • Soudal Accumetric is a manufacturer and distributor of silicone adhesives, sealants, and lubricants that are marketed and sold as Boss Products.
  • Boss Products are marketed and sold around the world in the regions of North America, Central America, South America, Europe, the Middle East, and Africa.
  • Soudal Accumetric targets the industrial, construction, pool/spa, manufactured housing, and RV markets for their primary customers.
  • Soudal Accumetric is still located in Elizabethtown, Kentucky.

LinkedIn Profiles of Senior Leadership

Stated Goals of Senior Leadership

Financial Data

  • No specific financial data was found about Soudal Accumetric.
  • However, Soudal's 2018 Annual Report boasts of a pre-tax profit of €41.3 million in 2018.
  • Soudal also had a 2018 EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) of €71 million.

Key Competitors

Research Strategy

We first researched information about Accumetric from multiple credible sources like the Accumetric company website, the Elizabethtown Hardin County Industrial Foundation, and Bloomberg. After our research confirmed that Accumetric was acquired by Soudal in 2014, we then gathered information about Soudal Accumetric from the Soudal company website, the 2018 Annual Report for Soudal, and the Soudal Group's corporate publication. Market Gazette provided a list of the key competitors for Soudal Accumetric, and we researched two of these key competitors more in depth on their company websites to complete our findings.


Sources
Sources

Quotes
  • "Accumetric, was started here 44 years ago by folks born and raised in Elizabethtown. It has grown to be a company with international reach serving over 2,500 customers on every continent. Accumetric is a home-grown entrepreneurial success story. "
  • "One June 10, 2014, Kentucky Governor Steve Beshear, local dignitaries, community leaders, and others gathered in Elizabethtown to welcome a new manufacturing company that has chosen Elizabethtown as its next site of operation. Soudal, a Belgian company started 48 years ago and still family owned which today boasts end-users in over 130 countries worldwide and 11 manufacturing sites on 4 continents. "
  • "Soudal Holding NV a company based in Belgium, has acquired the assets of Accumetric, LLC. In addition to keeping the 85 existing employees of Accumetric, Soudal plans to expand the operation by investing $21.2 million in the project and hire an additional 77 employees at the Elizabethtown Site. The company will continue to operate under the Accumetric name."
Quotes
  • "Jose Izaguirre co-founded Accumetric, LLC in 1970 and serves as its Vice President. "
Quotes
  • "Accumetric has used the BOSS Registered Mark in interstate commerce in the United States continuously since December 1, 1985."
Quotes
  • "The pre-tax profit grew from €33.8 million in 2017 to €41.3 million. Our 2018 EBITDA was €71 million."
  • "As a company, Soudal believes it is important to continue to innovate and never to stand still. 2018 was, in many ways, a record year for Soudal, but records are made to be broken. We will continue to make great strides in digitization in the coming years. "
  • "Soudal will also focus on the development of new countries and new market segments, in addition to strengthening our further exploitation of our presence in existing market channels and countries."
Quotes
  • ""For Soudal innovation means being 'avant-la-lettre', doing things differently to others." Vic Swerts, Chairman"
Quotes
  • "Silicone Adhesives Market Top Manufacturers profiled in the report are: Join Leader Adhesive, Soudal Accumetric, DAP Products, Permatex, Dow Corning, ITW Devcon, Henkel, Haimaly, Sika, ACC Silicones, Shin-Etsu Chemical."
Quotes
  • "Our mission is to be a worldwide leading manufacturer and marketer of technology-driven specialty chemical product, services and solutions. Join Leader commits itself to provide more economical, professional, convenient application products, services and solutions to meet the ever-increasing demand."
Quotes
  • "Permatex is a leading manufacturer, distributor and marketer of premium chemical products. Since 1909, Permatex has been an acknowledged leader in the development of innovative new products and services for the automotive aftermarket. Our goal is to be a one-stop solution center for Do-it-yourselfers and Professional Technicians."
Quotes
  • "BOSS® offers a wide variety of products, from state-of-the-art adhesives and industrial sealants to anti-seize compounds. BOSS® technology and quality ensure these products will perform to the highest levels, for industrial, construction, pool & spa, HVAC/R, and manufactured housing and RV markets."
Quotes
  • "Soudal is a global leader in sealants, foams and adhesives, operating in over 100 countries, including a state of the art manufacturing and distribution facility in Elizabethtown, Kentucky. "