Walther Pilot North America (Chesterfield, Mich.) has announced an agreement with Wagner Industrial Liquid Group (Markdorf, Germany) to serve as its affiliate to major U.S. and Canadian markets, promoting its line of liquid industrial spray finishing equipment. Walther Pilot North America currently operates as the North American affiliate for the Walther Pilot line of industry finishing equipment. Its current product line consists primarily of air spray guns, pressure pots and specialty spray equipment. The Wagner Industrial Liquid product line will add airless spray, air-coat (air-assist airless) spray, electrostatic spray, high and low pressure pumping systems, and two component technology to the company's product mix.
SDC Technologies Inc., a California-based global supplier of functional surface technologies, coatings and materials, announced that 100 percent of the company has been purchased by The Compass Group International LLC and the management team. SDC is a developer of proprietary, high-performance coating systems for application to plastic and glass materials. The Compass Group is a private investment firm with offices in Westport, Conn., and Irvine, Calif. It provides equity capital to small and middle market companies in pursuit of growth opportunities, ownership changes and recapitalizations. Compass focuses on growing segments of the service, distribution and manufacturing sectors of the economy, primarily in North America.