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Tangent Industries Inc. to become Panacol-USA Inc.
US adhesives and coatings manufacturer Tangent Industries Inc., based in Torrington, Connecticut and German based adhesives manufacturer Panacol-Elosol GmbH, are both part of the adhesives division within the Honle Group. The head of the Honle Group is the publicly listed company Dr. Hoenle AG. To better support the growth requirements of their global customers, and present a more unified product offering, Tangent Industries Inc. is changing its name to Panacol-USA Inc. effective October 1st, 2018. Moreover, Panacol-Elosol will gradually assume full ownership of the new Panacol-USA within a 5 year span. “With this decision we see synergies such as global marketing and to provide adhesive products under one brand to our worldwide acting customers”, explains Florian Eulenhöfer, Managing Director of Panacol-Elosol GmbH.
Tangent Industries Inc. has been specializing in the development and production of UV curing acrylic adhesives and coatings since 1994. Panacol was the distributor for Tangent products outside the Americas since the very first day. The focus of Panacol-USA Inc. will remain on the development, production, and sales of innovate UV acrylic adhesives and coatings from its facility in Torrington. The organization’s management and team will remain intact.
Panacol-Elosol GmbH and Panacol-USA Inc., both members of the global Hoenle group, are leading suppliers of industrial adhesives, with a broad product range that includes UV curable adhesives and coatings, structural epoxies and conductive materials for electronics assembly. Panacol-USA Inc. is also a reliable provider of UV/LED processing systems in the Americas, designed and manufactured by Dr. Hoenle AG, a global technology leader of industrial UV curing devices and systems.
Panacol-USA Inc. in Torrington, Connecticut