In early 2013, Grace Matthews published a white paper titled North American Architectural Coatings: The End Game? In it, we discussed the recent acceleration in architectural coatings mergers and acquisitions (M&A) and likened the "Big Four" - at the time Sherwin-Williams, PPG, Masco and Valspar - to the final table of a poker tournament.
Specialty chemical company Albemarle Corp. has signed a definitive agreement to sell its polyolefin catalysts and components business to W. R. Grace & Co.
Siegwerk Druckfarben AG & Co. KGaA has signed a contract to purchase family-owned Tupahue Tintas, a market leader in Brazil for flexo and gravure printing inks and varnishes located in Diadema (São Paulo).
RPM International Inc. announced that its Rust-Oleum business group has acquired Whink Products, a specialty cleaners manufacturer and marketer that is the market share leader in the rust stain removal segment.
The acquisition was an opportunity for Axalta to enter the wood coatings business, a market size of more than $8 billion globally, with an industry-leading product portfolio and a customer-trusted business with a strong reputation.
ICP Construction, a division of Innovative Chemical Products Group (the ICP Group), has acquired Master Coating Technologies, a leading manufacturer of specialty architectural coatings.
ADI Analytics LLC, a management consulting and market research firm specializing in oil and gas, energy, and chemicals, has acquired certain assets of Chemical Market Resources Inc., a Houston-based company that provides information, market intelligence and strategic analyses to the chemical, petrochemical, polymers and plastics industries.