PRO-SET Formulated Resin Systems Acquires European Licensing Partner Wessex Resins and Adhesives Ltd.

18 December 2025

Expands highly specified composite resins and adhesive business into Europe

PRO-SET Formulated Resin Systems, LLC, an Iron Path Capital holding company, today announced the acquisition of European-based Wessex Resins and Adhesives Ltd. (Wessex), a prominent player in the formulation and manufacturing of high-performance epoxy resins and adhesives. This marks the second acquisition for PRO-SET Formulated Resin Systems, following its acquisition of Gougeon Brothers, Inc. in May 2025.

This strategic acquisition drives the global expansion of the combined composite resins and adhesives business into Europe. Wessex has served as Gougeon Brothers’ licensing partner in Europe for 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 these global brands throughout Europe, Middle East, Africa and parts of Asia.

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.

Ted Clark Executive Chairman of PRO-SET Formulated Resin Systems, LLC and Partner at Iron Path Capital

Wessex is a family-run business that has been developing and manufacturing high-quality epoxy products since 1981. During that time, the company has worked with a range of organizations that demand specialist formulations, including the Ministry of Defense, Bombardier and BAE Systems. This acquisition solidifies PRO-SET Formulated Resin Systems' position in the market for infusion, laminating, tooling, coating and adhesive systems.

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.

Ian Oliver Managing Director at Wessex Resins & Adhesives

As part of the transition, Sam Oliver, Ian’s son, will take over leadership as Managing Director of Wessex, and we expect a seamless transition and integration.

For more information on the PRO-SET Formulated Resin Systems, visit https://www.linkedin.com/company/pro-set-formulated-resin-systems-llc/.