Chase Corporation Acquires Stewart Superabsorbents to Expand Polymer Solutions Portfolio
Chase Corporation has acquired Stewart Superabsorbents (SSA), LLC, strengthening its position in the superabsorbent polymer (SAP) market. This Chase Corporation Stewart Superabsorbents acquisition expands the company’s capabilities across industrial, medical, and consumer applications.
Chase Corporation Stewart Superabsorbents Acquisition Expands Capabilities
Chase Corporation (https://www.chasecorp.com) finalized the acquisition of SSA, which operates in Hickory and McLeansville, North Carolina. SSA specializes in advanced polymer formulations and delivers customized solutions across multiple industries.
The acquisition also includes SSA’s previously acquired Zappa-Tec business, forming the combined entity known as Zappa Stewart.
Strong Revenue and Market Reach
Zappa Stewart generated more than $24 million in annual revenue in its most recent fiscal year. The company supplies materials for industries such as wire and cable, where it applies swellable powders, liquid coatings, and hot melt adhesives.
These materials enhance performance across substrates like non-wovens, yarns, strength members, and shielding tapes, making them critical in cable manufacturing applications.
$71 Million Deal Strengthens U.S. Operations
Chase Corporation completed the acquisition for approximately $71.38 million, excluding related transaction costs. The company acquired full business equity and secured multi-year leases for both North Carolina facilities.
This move expands Chase’s existing footprint in the region, adding to its current manufacturing and operational network.
Strategic Growth and Integration Plans
Chase Corporation plans to continue operating under the Zappa Stewart brand while integrating the business into its internal systems. The company will incorporate operations into its ERP platform to improve efficiency across engineering, development, and production.
CEO Adam P. Chase emphasized that the acquisition aligns with the company’s strategy to expand protective materials technology and unlock new growth opportunities.
The addition of new technologies and experienced leadership will support Chase’s cross-functional operating model and drive long-term value.
