Hentzen Coatings Inc., Milwaukee, WI, one of the largest manufacturers of industrial coatings in the United States, has purchased the assets of CrossLink Powder Coatings of Clearwater, FL.
Elementis Specialties Inc. has agreed to purchase the assets of Hi-Mar Specialty Chemicals, a U.S. coatings additives company, for a cash consideration of $33 million.
PPG Industries’ industrial coatings business has created a dedicated electronic materials group to integrate products and technologies acquired from Spraylat Corp., Mt. Vernon, NY.
Heraeus Noblelight, a business group of the Hanau, Germany-based precious metal and technology group Heraeus, has successfully completed the acquisition of the Fusion UV Systems Group, headquartered in Gaithersburg, MD.
Global alternative asset manager The Carlyle Group L.P. has completed its acquisition of paint and coatings manufacturer DuPont Performance Coatings for $4.9 billion.
Coatings manufacturer Teknos Group Oy, Helsinki, Finland, has acquired the entire share capital of Estonia-based Kemiflora Kaubandus OÜ from AS Kemiflora.
The Protech-Oxyplast Group of Montreal, Canada, has reached an agreement to purchase the thermoplastic powder and liquid coatings businesses of the Thermoclad Co., Erie, PA.