KANSAI HELIOS to Acquire German Powder Coatings and Resin Manufacturer
KANSAI HELIOS signed a share purchase agreement to acquire 100% share of CWS Lackfabrik GmbH. CWS, with its group companies, is a powder coatings and liquid and solid synthetic resins producer, headquartered in Düren, Germany. After the fulfillment of closing conditions, KANSAI HELIOS will become the new owner of CWS and its group companies in Germany, the United States, Denmark and Poland.
CWS Lackfabrik GmbH is a family owned company with around 250 employees. CWS has a powder coatings production site in Düren, Germany, and New York, United States, a solid resins production site in Düren, Germany, and a liquid resins production site in Düren and Hamburg, Germany. Additionally, the group has trading companies in Poland and Denmark.