SAINT-LAURENT, Quebec — The Protech Group announced that it has reached an agreement to acquire the liquid coatings business of Excalibur Paints & Coatings Ltd. (Excalibur Paints), based in Wichita Falls, Texas. The acquisition was finalized on June 4, 2021. Excalibur Paints' formulations and products will be integrated under the Protech Group portfolio of liquid coatings brands, and manufacturing equipment will be relocated within existing Protech Group facilities in the United States.
Excalibur Paints is a protective coatings development and manufacturing company with over 20 years of experience. The company’s product line includes epoxy systems, alkyd coatings, corrosive-inhibitive primers, polyurethanes, and chemical-resistant linings.
"This acquisition strengthens our liquid coatings capabilities,” said David Ades, President of the Protech Group, “It allows us to expand our customer base, keep up with the growing demand, and offer a great depth of solutions to them.”
“It is an exclusive opportunity to have the Protech Group, a global player in the industry, to take the reins of our business and ensure continued growth with current and future clients,” added Randall Funston, owner of Excalibur Paints.
This is the third acquisition within the last year for the company. The Protech Group recently acquired the coatings division of ACG Industrie (France) and the liquid coatings manufacturer, Winslow Browning Inc. (United States).
To learn more about the Protech Group, visit www.protechpowder.com.