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Wessex Resins and Adhesives acquired by private equity firm

PRO-SET Formulated Resin Systems has acquired European-based Wessex Resins and Adhesives.

The announcement marks the second acquisition for PRO-SET, following its acquisition of Gougeon Brothers in May 2025 and is aimed at driving the global expansion of the combined composite resins and adhesives business into Europe.

Wessex has served as Gougeon Brothers’ licensing partner in Europe for several decades, manufacturing and selling Gougeon-branded products, including West System, PRO-SET, and Entropy Resins alongside its own branded WRA products.

The company manufactures and markets the brands across Europe, Middle East, Africa and parts of Asia.

This acquisition represents a natural coming together of two premier organisations with a deep, long-standing partnership.

Ted Clark

“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,” said Ted Clark, executive chairman of PRO-SET and partner at Iron Path Capital.

“This acquisition represents a natural coming together of two premier organisations with a deep, long-standing partnership.”

Wessex is a family-run business that has been developing and manufacturing epoxy resins and adhesives since 1981.

The company works with a range of organisations including the Ministry of Defense, Bombardier and BAE Systems.

New opportunities

“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,” said Ian Oliver, managing director of Wessex.

“We are excited to continue our decades-long partnership alongside Gougeon and start this promising next chapter as part of PRO-SET.”

As part of the transition, Sam Oliver, Ian’s son, will take over leadership as managing director of Wessex.

PRO-SET is an Iron Path Capital holding company.

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