PRO-SET Formulated Resin Systems Acquires European Partner Wessex Resins and Adhesives Ltd.
PRO-SET Formulated Resin Systems, LLC, an Iron Path Capital holding company, announced today the acquisition of Wessex Resins and Adhesives Ltd. (Wessex), a leading European manufacturer and formulator of high-performance epoxy resins and adhesives. This acquisition marks PRO-SET Formulated Resin Systems’ second major expansion, following its purchase of Gougeon Brothers, Inc. in May 2025.
The acquisition of Wessex, a long-standing licensing partner of Gougeon Brothers, strengthens PRO-SET’s presence in the European market and enhances its ability to deliver world-class composite resin and adhesive solutions globally.
Strategic Expansion into Europe
This acquisition represents a significant step in PRO-SET Formulated Resin Systems’ strategy to expand its global footprint. Wessex has been a key player in Europe, manufacturing and distributing Gougeon-branded products—including WEST SYSTEM®, PRO-SET®, and Entropy Resins®—alongside its own WRA-branded offerings. The company’s reach spans Europe, the Middle East, Africa, and parts of Asia, providing PRO-SET with a strong platform for growth in these regions.
Ted Clark, Executive Chairman of PRO-SET Formulated Resin Systems and Partner at Iron Path Capital, emphasized the importance of this move:
We’re excited to bring Wessex into the fold as we take a decisive step forward by uniting the composite resins and adhesives businesses to drive growth across Europe. This acquisition represents a natural coming together of two premier organizations with a deep, long-standing partnership.
The integration of Wessex enables PRO-SET to consolidate its European operations, leverage existing relationships, and deliver innovative, high-performance products to a broader customer base.
A Legacy of Excellence
Founded in 1981, Wessex Resins and Adhesives is a family-run company that has built a reputation for producing high-quality epoxy formulations. Over the decades, Wessex has partnered with organizations that demand precision and specialized solutions, including the Ministry of Defense, Bombardier, and BAE Systems. The company’s expertise spans a variety of sectors, from industrial and commercial applications to aerospace and marine industries.
Ian Oliver, Managing Director of Wessex, highlighted the significance of the acquisition:
Joining PRO-SET Formulated Resin Systems is an exciting milestone that will propel our growth in the industry and provide new opportunities for innovation and service to our customers across Europe and beyond. We are excited to continue our decades-long partnership alongside Gougeon and start this promising next chapter as part of PRO-SET.
This acquisition allows Wessex to continue its tradition of excellence while benefiting from the resources and global reach of PRO-SET.
Strengthening the Product Portfolio
The acquisition not only expands PRO-SET’s market presence but also enhances its product portfolio. Wessex has been producing high-performance epoxy systems for infusion, laminating, tooling, coating, and adhesive applications. With the integration of Wessex, PRO-SET can now offer a more comprehensive range of products tailored to diverse industrial needs.
By consolidating operations, PRO-SET aims to streamline distribution, improve customer service, and accelerate the development of new formulations. This will enable the company to respond more quickly to industry demands and continue its leadership in the global composites market.
Continuing a Long-Standing Partnership
For decades, Wessex has served as the European licensing partner for Gougeon Brothers, manufacturing and selling globally recognized products in the region. This history of collaboration has built a foundation of trust and expertise that will ease the integration process. The acquisition ensures continuity for customers while providing access to additional resources, R&D capabilities, and expanded market channels.
Ted Clark commented on the significance of this alignment:
The relationship between Wessex and Gougeon has been long and successful. By bringing Wessex fully into PRO-SET, we can accelerate innovation and growth while preserving the strong partnerships and reputations both companies have built.
This merger leverages decades of shared experience and technical expertise, creating a unified organization that is well-positioned to meet the evolving needs of the composites industry.
Leadership Transition and Future Growth
As part of the acquisition, Wessex will undergo a seamless leadership transition. Sam Oliver, son of Ian Oliver, will assume the role of Managing Director. This succession plan ensures the continued stewardship of Wessex’s operations while integrating into PRO-SET’s broader organizational framework.
Ian Oliver expressed confidence in the next generation of leadership:
Sam’s appointment marks an important milestone. He brings energy, fresh ideas, and a commitment to excellence that will guide Wessex into its next chapter with PRO-SET. We anticipate a smooth transition and exciting opportunities for growth.
The combined leadership and resources of PRO-SET and Wessex are expected to drive innovation, improve operational efficiencies, and expand market share across Europe and beyond.
Commitment to Innovation and Quality
Both PRO-SET and Wessex share a commitment to innovation, quality, and customer satisfaction. This acquisition strengthens the companies’ collective ability to develop advanced epoxy resins and adhesive systems that meet the highest standards of performance and reliability.
Customers can expect continuity of service, ongoing technical support, and access to an expanded range of products that address emerging industry challenges. By uniting the technical expertise of Wessex with PRO-SET’s global resources, the company is well-positioned to introduce new products and solutions that set industry benchmarks.
The acquisition of Wessex Resins and Adhesives represents more than a business transaction; it reflects a strategic vision for global growth, innovation, and customer success. PRO-SET Formulated Resin Systems continues to build on its successful acquisition of Gougeon Brothers and is committed to advancing its position as a leading provider of composite resin and adhesive solutions worldwide.
Ted Clark concluded:
This is an exciting moment for our organization. By combining the strengths of PRO-SET and Wessex, we are creating a unified team that can offer superior products, services, and solutions to customers across Europe, the Middle East, Africa, and Asia. We are poised for a new era of growth and innovation.
The integration of Wessex Resins and Adhesives signals a bright future for PRO-SET Formulated Resin Systems, its employees, and its customers, strengthening its global footprint while preserving the legacy of excellence both companies have built over decades.
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