Lighthouse for the Blind-Saint Louis (LHB), a US-based non-profit manufacturing and packaging organization, has acquired all the assets of Tear Mender adhesives and sealants owner Val-A Chicago.
The acquisition is anticipated to increase Lighthouse’s organisation’s revenues and will create job opportunities for visually-impaired people in Missouri and southwestern Illinois, at its two manufacturing and shipping plants in St. Louis County.
LHB president John Thompson said: "Our acquisition of Val-A Chicago, Inc.’s Tear Mender products provides LHB with a full line of adhesive and sealant products that are well known and popular with consumers.
"This acquisition gives LHB more exposure in commercial retail markets in addition to our current business in government and military sales along with sales of our Quake Kare emergency survival kits for families, individuals and businesses."
Val-A Chicago and its Tear Mender operations will be relocated to St. Louis and the revenues generated from Tear Mender sales will back LHB’s service programmes.
Val-A Chicago produces non-toxic, all-natural adhesive and sealants for repairing clothing, synthetic fabrics, footwear, gloves, upholstery, vinyl and other items used indoors and outdoors.
Tear Mender products are sold by retailers including Ace Hardware, True Value Hardware, Rural King and Duluth Trading and Wal-Mart, as well as Home Shopping Network (HSN) and Amazon.com.
These products are claimed to be water-proof, flexible, permanent, quick-drying, UV resistant, eco-friendly, non-toxic and acid-free.
LHB Sales and Marketing director Brian Houser said: "Tear Mender products are ideally suited for durable, long lasting and permanent bonds or repairs to many types of items used both indoors and out.
"The strongest repairs utilise a patch applied to the underside of the damaged garment or item. We are excited about this new acquisition to enhance our organisation."