Marietta, GA /PRNewswire/ - J-B Weld Co., the leader in epoxy and small package consumer DIY adhesives, is pleased to announce that it has acquired the FiberFix® brand of products from Spark Innovation, LLC. FiberFix is the world's leading brand of pre-impregnated repair wraps, super strong repair tapes, specialty adhesive and patches sold under the FiberFix®, Heat Wrap™, Rigid Patch™, Flex Patch™ and 10X Tape™ brand names.
"We're excited and pleased to add the FiberFix family of products to our portfolio" stated Chip Hanson — Chairman and C.E.O. of J-B Weld. "Since their market launch in 2012, and successful debut on ABC's reality show, 'Shark Tank,' Reed Quinn, Eric Child and the FiberFix team have grown an innovative new category of products and business that we will continue to develop and grow through our larger customer base, additional channel breadth and category-building marketing efforts."
Eric Child, C.E.O. of Spark Innovation, "FiberFix first appeared on Shark Tank in 2013, and within five years, has grown into a full family of products available in over 20,000 retail locations around the world. We believe J-B Weld is the perfect company to lead Fiber Fix repair solutions to incredible long-term success."
"We're very proud of J-B Weld's 50-year heritage, with continued sales growth driven by American-made quality and innovation, Hanson continued. "We're continuing to strategically invest to expand our company and brand in multiple ways as evidenced by this acquisition, a national advertising campaign that was developed by TBWA\Chiat\Day New York, with media executed by Hawthorne Direct of Los Angeles that features actor and professional craftsman, Nick Offerman, and our facilities expansion and new state-of-the-art manufacturing and distribution facility in Sulphur Springs, Texas, where the company was founded in 1969."
About J-B Weld Company:
J-B Weld is an employee-owned company founded in Sulphur Springs, Texas. J-B Weld® is America's preferred brand of epoxy adhesive and repair products that are distributed across the U.S. at more than 50,000 retail locations, including Home Depot, Walmart, O'Reilly's Auto Parts, Lowe's, AutoZone, ACE, Advance Auto Parts, True Value and Amazon. J-B Weld is also found in leading retailers across Canada, Mexico, and more than 30 other countries around the world as we continue to grow and develop the "World's Strongest Bond™" though our loyal brand fans, retail partners, employees and the communities served by J-B Weld. J-B Weld was supported in this transaction by Caltius Capital Management and Sawaya Partners.
About Spark Innovation, LLC:
Spark Innovation is a consumer product holding company and innovation incubator based in American Fork, Utah. Spark provides venture capital and operating assistance to develop emerging consumer product brands. A frequent partner of ABC's 'Shark Tank' series, current Spark Innovation brand holdings include ScreenMend™, Wall Doctor™, Illumibowl™ and CoverGrip™.
SOURCE: J-B WeldCopyright 2018 PR Newswire. All Rights Reserved