Our Corporate Finance team advises Wessex Resins & Adhesives Ltd on its sale to PRO-SET Formulated Resin Systems LLC

Our Corporate Finance team, led by Jack Griggs and supported by Mark Cheung, advised Wessex Resins & Adhesives Ltd (“Wessex”), a leading European-based manufacturer and formulator of high-performance epoxy resins and adhesives, on its sale to PRO-SET Formulated Resin Systems, LLC (“PFRS”).

Wessex is a family-run business that has been developing and manufacturing high-quality epoxy products since 1981. The company has worked with a range of organisations that demand specialist formulations, including the Ministry of Defence, Bombardier and BAE Systems.

PRO-SET Formulated Resin Systems, LLC (“PFRS”) is a global provider of high-performance resin and polymer solutions for advanced applications across the industrial, marine, energy, transportation, aerospace, and defence markets. Formed following the acquisition of Gougeon Brothers, Inc. and Wessex Resins and Adhesives Ltd, PFRS specialises in infusion, laminating, tooling, coating, and adhesive systems designed to deliver precision and reliability.

This strategic acquisition drives the global expansion of the combined composite resins and adhesives business into Europe. Wessex Resins & Adhesives Ltd has served as Gougeon Brothers’ licensing partner in Europe for decades, manufacturing and selling Gougeon-branded products. The company manufactures and markets these global brands throughout Europe, Middle East, Africa and parts of Asia.

Ian Oliver, Managing Director of Wessex, commented: “Joining PRO-SET Formulated Resin Systems is an exciting milestone that will propel our growth in the industry and provide new opportunities for innovation and service to our customers across Europe and beyond. We are excited to continue our decades-long partnership alongside Gougeon and start this promising next chapter as part of PRO-SET.”

Ian added: “Jack and the team were instrumental in securing an excellent outcome. Their strategic guidance, attention to detail, and commercial pragmatism gave us real confidence at every stage. We’re grateful to have had them by our side throughout the transaction and wouldn’t hesitate to recommend them to anyone embarking on a similar process.”

Jack Griggs, Director at James Cowper Kreston Corporate Finance, commented: “It’s been a privilege to support the Oliver family on this exciting cross-border transaction, bringing together two organisations that have collaborated for decades to create a compelling platform for EMEA growth.’”

James Cowper Kreston Corporate Finance acted as lead advisor to Wessex’s shareholders, alongside Broadfield Law.