Paint and coatings manufacturer Kansai Plascon Africa Limited has partnered with Astra management and staff to acquire a 63.25 percent interest in the issued share capital in Astra Industries Limited from the Finance Trust of Zimbabwe (Private) Limited.
Private equity firm Arsenal Capital Partners (Arsenal) has completed the acquisition of ADCO Global Inc. (ADCO Global), a global provider of specialty sealants, tapes and adhesives.
Coating formulators are reducing solvent content to comply with more stringent environmental regulations on VOC emissions, constraining the performance of new protective and marine coatings.