MONTREAL, Canada - The Protech-Oxyplast Group, Montreal, Canada, has reached an agreement to purchase the powder coating business and manufacturing assets of Innotek Powder Coatings, Big Spring, TX. Innotek specializes in high-performance thermoplastic powder coatings.

David Ades, Managing Director of Protech, said of the acquisition, “Innotek’s leading thermoplastic technology is a great addition to our global business. It is complementary to our extensive thermoset powder coatings product range.” Protech-Oxyplast will integrate Innotek’s manufacturing operations into its own organization.