PITTSBURGH -- Watson Standard Co., a manufacturer of high-performance coatings for the packaging industry, has acquired Akzo Nobel's North American Container Coatings group. Financial terms were not disclosed.
Included in the sale are product lines involving UV-cure and conventional coatings for metal food and aerosol cans, and general metal decorating coatings. Sales figures for the business were not disclosed, but a Watson Standard spokesman said the business was a small, niche segment of Akzo Nobel's coatings operations.