Castolin Eutectic Group Acquires Furnace Mineral Products
BAD SODEN, Germany - The Castolin Eutectic Group, a division of MEC Holding GmbH with headquarters in Bad Soden, Germany, has acquired Furnace Mineral Products Inc. (FMP). A privately owned corporation based in Toronto, FMP specializes in the research, development, manufacture and field application of innovative inorganic hybrid coatings.
FMP’s coatings have found success primarily in the power generation industry but are also applicable across a spectrum of industries where innovative wear or corrosion protection is required. FMP enjoys a strong presence in the United States, and the company has recently entered markets in the Middle East and Asia.