The 2020 Mid-Year Economic Update_long

Krayden Acquires Northern Composites

All Northern Composite employees are staying on and the company will continue to operate at its existing facilities in Hampton, New Hampshire (headquarters), and Greensboro, North Carolina.
Krayden

Krayden Inc., a Denver, Colorado-based distributor of specialty chemicals to the aerospace, electronics, transportation and industrial sectors, has acquired Northern Composites, Hampton, New Hampshire. Financial terms of the deal weren’t disclosed.

Northern Composites is a distributor of composite materials and a manufacturer of Northern Composites-branded vacuum bagging materials and accessories.

“We truly admire Northern Composites, and plan to leverage their expertise in composites, along with their manufacturing and kitting capabilities,” said Wayne Wagner, president of Krayden. “They are a perfect complement to our own company culture and approach to business.”

Added Richard Hewett, GM of Northern Composites: “Krayden is a great fit with their 18 global facilities and 60+ outside technical sales representatives. They have a stronger relationship with top tier suppliers and a fantastic reputation for providing technical service and assistance. Our customers will continue to receive a high level of service and have access to a much broader product line.”

All Northern Composite employees are staying on and the company will continue to operate at its existing facilities in Hampton as well as Greensboro, North Carolina.

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