Forgeway

What Forgeway does

Forgeway is a UK-based private manufacturer of industrial structural adhesives, sealants, primers, and activators, founded in 1994 and headquartered in Newton Abbot, Devon. The company operates four proprietary chemistry sub-brands — Formoa (MS Polymer / hybrid polymer), Aerok (epoxy), Purok (methyl methacrylate / acrylic), and Pyrok (polyurethane) — developed in-house by a team of expert chemists and manufactured at a single UK site with disclosed annual production capacity of over 3,000 tonnes. The portfolio spans performance grades from commodity sealants (Pyrok 9145 at roughly £3 per 100ml) to high-strength structural products such as Aerok 7020 (up to 60 MPa tensile strength) and Purok VX90, which bonds low-surface-energy plastics primer-free at 16 MPa. The company holds ISO 9001 accreditation (Registration No. 07230689) and operates across 51–100 employees.

Forgeway's go-to-market is sales-led with technical consultation: enterprise customers (bus/coach builders, commercial vehicle manufacturers, RV and marine OEMs, aerospace and rail part makers, decorative surface manufacturers) engage in discovery, evaluation, and implementation cycles with expert chemists and access an in-house laboratory for substrate testing, weathering validation, and adhesion performance audits. Direct sales are conducted through forgeway.com with a 48-cartridge minimum order threshold, while smaller-order and geographically distant customers are served through authorised distributors in the UK (Finecal Group, Gludog), Slovenia (Kemis Plus), Spain (Bosslack Ibérica), and Australia (Sappolo Adhesives). Pricing is quote-based and varies by chemistry, order volume, and specification.

Revenue is generated across three streams: one-time industrial product sales (the dominant stream), white label and contract manufacturing for third-party brands (managed services), and laboratory and technical services such as training and auditing bundled with orders. Marketing is content-driven through a knowledge centre, a 200+ page Fundamentals of Adhesives eBook, an SEO-optimised blog, and a 45-second product selector quiz. Named enterprise customers include Princess Yachts, Lawrence David, Venta Global, and Solomon Commercials. The company has no disclosed institutional investors, parent entity, or acquisition history, and operates as a privately held UK limited company.

Name

Forgeway

Legal name

Forgeway Ltd

Website

https://forgeway.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Forgeway is a UK-based, privately held manufacturer of industrial structural adhesives, sealants, and primers serving transportation OEMs (bus, coach, marine, rail, aerospace, RV) and construction / decorative surface manufacturers, with four proprietary chemistry sub-brands and 3,000+ tonnes of annual production capacity.

Ownership category

akta.pro rank

Product category

Industrial Adhesives

NAICS

Adhesive Manufacturing (325520)

SIC

Adhesives & Sealants (2891)

akta.pro primary industry

Polyurethanes (MDI/TDI, Polyols, PU Systems) (IMAEADAH)

akta.pro secondary industry

Polymer Compounds & Masterbatches (Compounding, Color/Fill/Additive Concentrates) (IMAEANAJ)

Keywords

• Structural adhesives
• Industrial sealants
• MS polymer adhesives
• Epoxy structural bonding
• Methyl methacrylate adhesives

Headquarters

HQ city

Newton Abbot

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Industrial Adhesive and Sealant Product Sales: Forgeway manufactures and sells structural adhesives, sealants, and contact adhesives directly to industrial manufacturers and through distributors. Products are sold as one-time purchases per cartridge or in bulk. Four product families: Formoa (hybrid polymer), Aerok (epoxy), Purok (MMA), Pyrok (polyurethane).
2. White Label / Contract Manufacturing: Forgeway provides white label manufacturing for companies that lack production capacity, formulation knowledge, or want existing Forgeway products in their own branding. Covers custom formulation adjustments and branded packaging.
3. Laboratory and Technical Services: Forgeway's in-house laboratory provides testing services including substrate testing, weathering resistance testing, and adhesion performance validation. Also offers auditing, training, and technical support as part of the customer engagement model.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Forgeway manufactures and sells industrial structural adhesives, sealants, primers and activators organized into four proprietary chemistry brands: Formoa (hybrid polymer / MS polymer), Aerok (epoxy), Purok (methyl methacrylate), and Pyrok (polyurethane). The company serves industrial manufacturers in transportation (bus, coach, commercial vehicle, RV, marine, rail, aerospace) and construction (decorative surfaces, flooring, windows and doors, fire resistance, renewables) with custom formulation, in-house laboratory testing, and operator training and auditing services.

Product overview

Forgeway is a UK-based manufacturer of industrial adhesives and sealants, operating as a single unified product portfolio organized into four sub-brands differentiated by chemistry: Formoa (MS Polymer hybrid polymer adhesives), Aerok (epoxy structural adhesives), Purok (acrylic/MMA structural adhesives), and Pyrok (polyurethane structural and contact adhesives). The company also offers complementary product categories including sealants, primers & activators, and white label manufacturing services. Supporting services include in-house manufacturing (3000+ tonnes annually), laboratory/testing services, adhesive calculator tools, and educational resources. The portfolio serves transportation (automotive, bus/coach, commercial vehicle, marine, rail, aerospace, RV), construction (decorative surfaces, flooring, windows/doors, fire resistance, renewables), and industrial manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Formoa: Hybrid polymer adhesives and sealants; includes Formoa IQ+, Formoa 004, Formoa 063, Formoa Crystal, Formoa FR, Formoa 066, Formoa 207i, Formoa 057, Formoa 024, Formoa 017 LT, Formoa 017 FE, Formoa 095, Formoa 055, Formoa Screen, Formoa SE2, Formoa 760, Formoa 010 (colour-matched sealant), Formoa Parquet, Formoa Parquet Pro.
• Aerok
• Purok
• Pyrok

Products and services

• Formoa (MS Polymer / Hybrid Polymer Adhesives) Hybrid polymer (MS Polymer) industrial adhesives and sealants used by transportation and construction manufacturers for high-performance bonding, sealing, and color-matched applications.
• Aerok (Epoxy Structural Adhesives) Epoxy-based structural adhesives for industrial manufacturers requiring high tensile strength, impact resistance, and durability across substrates.
• Purok (Methyl Methacrylate / Acrylic Structural Adhesives) Methyl methacrylate (MMA) structural adhesives for bonding low surface energy plastics, decorative surfaces, and solid surfaces where primerless application is required.
• Pyrok (Polyurethane Structural Adhesives) Polyurethane structural and contact adhesives, including fire-retardant formulations, for transportation and construction manufacturers requiring rigid bonds and ISOCYANATE-based chemistry with REACH-compliant training.
• Industrial Sealants Industrial sealants for construction, transportation, and manufacturing applications sold alongside the core adhesive product families.
• Primers and Activators Surface preparation products designed to enhance adhesive bonding performance on challenging substrates.
• White Label Manufacturing Contract manufacturing service for adhesive and sealant products, including custom formulations and branded packaging for companies needing outsourced production.
• Laboratory and Testing Services Technical laboratory services including substrate testing, weathering resistance testing, adhesion performance validation, auditing, and operator training provided to industrial manufacturing customers.

Quantifiable outcome

• Aerok 7020 achieves ultra-high tensile strength of up to 60 MPa, nearly double the next strongest Forgeway product (Aerok 8020 at 35 MPa)
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Finecal Group LimitedcoreChannel Partner/ Reseller/ DistributorPrimary UK distributor of Forgeway adhesives with three branches covering different regions of the UK (Bristol, Livingston, Wellingborough). Offers smaller order quantities than Forgeway direct, making Forgeway products accessible to SMEs and smaller manufacturers who don't meet Forgeway's minimum order thresholds.
• Finecal Group LivingstoncoreChannel Partner/ Reseller/ DistributorLivingston, Scotland branch of Finecal Group, covering central Scotland and Edinburgh area. Reinforces regional distribution coverage across the UK.
• Finecal Group WellingboroughcoreChannel Partner/ Reseller/ DistributorWellingborough branch of Finecal Group covering the East Midlands region of England.
• Gludog LimitedcoreChannel Partner/ Reseller/ DistributorUK-based distributor serving South Wales and the Newport area, specifically mentioned by Forgeway as an alternative for customers with small order quantities who don't fit Forgeway's direct purchase model.
• Kemis PlusminorChannel Partner/ Reseller/ DistributorSlovenia-based distributor extending Forgeway's geographic reach into Central/Southeastern Europe.
• Sappolo AdhesivesminorChannel Partner/ Reseller/ DistributorAustralian distributor based in Queensland covering the Australian market for Forgeway products.
• Bosslack IbéricaminorChannel Partner/ Reseller/ DistributorSpanish distributor covering the Iberian Peninsula from their base in Mataró, Barcelona.
• FloreonminorStrategic or Co-development PartnerForgeway partnered with Floreon to test adhesion strength of bioplastics compared to ABS and polystyrene. This partnership was announced as news on the Forgeway website, testing whether adhesives work as effectively with bioplastics as with traditional plastics.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Techsil: UK-based industrial adhesives distributor and formulator supplying epoxies, silicones and UV-cures — regional competitor in the UK industrial bonding market.

Broad incumbents

• Bostik (Arkema): Global adhesives and sealants business of Arkema, serving industrial manufacturing, construction and transportation — directly comparable end markets to Forgeway but at vastly greater scale and breadth.
• Henkel Adhesive Technologies: World's largest adhesives manufacturer with structural, epoxy, polyurethane and hot-melt ranges covering automotive, aerospace and industrial assembly — overlaps directly with Forgeway's four-chemistry portfolio.
• Sika AG: Swiss specialty chemicals company with strong positioning in transportation and construction sealants and structural bonding — competes head-to-head with Forgeway in bus/coach, marine, and decorative surface segments.
• 3M Industrial Adhesives and Tapes: Diversified industrial giant with structural adhesive and sealant ranges targeting aerospace, automotive and electronics — broad incumbent with overlapping chemistry portfolio to Forgeway.
• Parker LORD: Acquired Lord Corporation, a specialist in structural adhesives, vibration damping and corrosion protection for automotive, aerospace and industrial — directly comparable specialty bonding franchise.

Direct peers

• Permabond: UK-based specialist manufacturer of structural adhesives (cyanoacrylates, epoxies, UV-cure, acrylics) — most direct niche competitor to Forgeway in industrial structural bonding.
• H.B. Fuller: Global industrial adhesives specialist with comparable product families across epoxy, polyurethane and hot-melt — competes for similar transportation and construction OEM specifications.
• Tremco (Tremco CPG): Manufacturer of sealants, adhesives and coatings for construction, industrial and transportation markets — comparable portfolio structure to Forgeway across sealants and structural bonding.

Emerging players

• Cyberbond: Specialty manufacturer of anaerobic, cyanoacrylate and structural adhesives for industrial assembly — partial overlap with Forgeway's Purok MMA range and epoxy offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInuk.linkedin.com/company/forgeway-limited
• Xx.com/forgewayltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forgeway