Alantra advised Rogers Corporation on the Acquisition of Diversified Silicone Products
Alantra is pleased to announce that Rogers Corporation (NYSE:ROG), a Connecticut-based global leader in engineered material solutions, has acquired Diversified Silicone Products, Inc. (“DSP”), a custom silicone product manufacturer based in Santa Fe Springs, CA. The transaction closed on January 6, 2017 and terms were not disclosed.
Diversified Silicone Products manufactures custom silicone products including solid & cellular silicone sheets, custom extruded profiles, silicone stripping, pressure sensitive adhesives, and uncured compounds. The company serves a diverse list of customers in industries such as automotive, aerospace, medical, food & beverage, oil & gas, and filtration.
“We are very pleased to have advised Rogers on the completion of this strategic acquisition and to also add to our list of successful transactions within the advanced materials sector,” said Paul Colone, Managing Director & Partner with Alantra. “We deeply appreciate clients such as Rogers who value our long-term relationship and choose to work with us on multiple transactions.”
Alantra is proud to have a long history working alongside Rogers Corporation on the execution of strategic acquisitions. The firm also advised on the 2015 acquisition of Arlon, LLC, and the 2010 acquisition of SK Utis Co., Ltd.