# Polytek Development Corp. acquires Neill's Materials Ltd.

Polytek Development Corp., a manufacturer of specialty polymers, has acquired Neill's Materials Ltd., a UK distributor of RTV silicone, urethane, epoxy systems, and adhesive products. The acquisition was assisted by Arsenal Capital.

- Type: Acquisition
- Announced: 2023-09-21
- Where: United Kingdom
- Status: completed
- Products: RTV silicone, urethane systems, epoxy systems, adhesive products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Polytek Development Corp](https://endata.com/companies/25021.md) (acquirer)
- [Neill's Materials](https://endata.com/companies/79635.md) (target)

## Sources

- [neillsmaterials.co.uk](https://www.neillsmaterials.co.uk/company-profile/), 2024-09-05: "This acquisition will increase our commercial and technical alignment with major European early adopters and market leaders to leapfrog our growth into key industrial segments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.