Mearthane Products Corp. acquires polyurethane division of Axillon Aerospace

Cranston, RI – Mearthane Products Corp. announced it has completed the acquisition of the industrial composites operations of Axillon Aerospace, expanding its capabilities in polyurethane molding and composites manufacturing.

The Cincinnati-based business brings more than 80 years of experience in polyurethane and composite materials, strengthening Mearthane’s position as a global technology leader in advanced polyurethane solutions.

The acquisition is the latest step in Mearthane’s multiyear growth strategy, which includes five acquisitions completed over the past four years. The Cincinnati operation serves a diverse base of blue-chip industrial customers across key growth markets, including material handling, automotive and specialty equipment.

“We are thrilled to welcome the Cincinnati team to the Mearthane family,” said Jim Herlihy, CEO of Mearthane Products Corp. “Their deep expertise in polyurethane and composites aligns perfectly with our commitment to solving customers’ toughest material challenges. Their technical capabilities, strong customer relationships and experienced workforce make this an excellent strategic fit.”

Operations and manufacturing will remain at the current Cincinnati location, ensuring continuity for customers and employees. Mearthane plans to invest in commercial resources, operational improvements and capacity expansion to support the next phase of growth.

“We are excited to have found a long-term home with a like-minded leader in the polyurethane and specialty materials space,” said Kevin Perkins, senior production manager. “With Mearthane’s resources, culture and commitment to customer success, we are well positioned to grow, innovate and continue delivering exceptional value.”

NorthView Advisors acted as financial advisor to Axillon, Nelson Mullins acted as legal advisor to Axillon and Polsinelli acted as legal advisor to Mearthane.