Chase Corporation Acquires Sheldahl in a strategic transaction that broadens the company’s engineered materials capabilities. The acquisition of the business from Flex strengthens Chase’s exposure to aerospace and electronics applications. Although financial terms remain undisclosed, the deal closed immediately upon signing.

Moreover, the transaction adds specialised thin-film technologies to Chase’s portfolio. Consequently, the company reinforces its position in high-reliability and specification-driven markets.

Chase Corporation Acquires Sheldahl to Expand Technology Capabilities

Sheldahl designs coated films, laminates and flexible circuit technologies. These solutions serve aerospace, automotive, industrial and medical applications.

Furthermore, the company brings more than seven decades of manufacturing expertise. Over that period, Sheldahl developed advanced materials used in demanding environments. Notably, its technologies supported landmark programmes ranging from Apollo 11 to the James Webb Space Telescope.

Therefore, the acquisition provides Chase Corporation with valuable engineering capabilities and proven manufacturing know-how.

Strategic Investment Supports Long-Term Growth

Chief Executive Officer Eric Conley described Sheldahl as a strong strategic fit. In addition, the business offers differentiated manufacturing expertise and established relationships with leading original equipment manufacturers.

Moreover, the acquisition strengthens Chase’s portfolio of specialised thin-film solutions. As a result, the company expects to enhance its competitive position across mission-critical applications.

The transaction also increases exposure to attractive end markets. Consequently, management sees further opportunities for sustainable growth.

Established Customer Relationships Create Additional Opportunities

Sheldahl maintains long-standing partnerships with major OEM customers. Therefore, Chase gains access to a diversified customer base.

In addition, the business operates an integrated manufacturing platform. This structure supports efficiency and quality control. Furthermore, it provides greater flexibility to address evolving customer requirements.

Accordingly, the acquisition aligns with Chase Corporation’s long-term strategy of expanding its engineered materials platform through targeted investments.

Employees Participate in Ownership Programme

Following completion of the transaction, Sheldahl employees will join Chase Corporation’s broad-based equity ownership programme.

Moreover, management believes employee ownership supports innovation and long-term value creation. Therefore, the integration process aims to preserve technical expertise while encouraging future growth.

Immediate Closing Highlights Strategic Importance

The transaction became effective upon execution of the agreement. Kirkland & Ellis LLP advised Chase Corporation, while Guggenheim Securities acted as financial adviser to Flex.

Although the purchase price remains confidential, the acquisition demonstrates Chase Corporation’s commitment to strengthening its position within specialised materials markets.