Commenting on the decision, AkzoNobel CEO, Greg Poux-Guillaume, said: “It's disappointing that this intended acquisition cannot move forward, but we remain committed to our strong businesses and leading brands in Africa."
The acquisition provides high-quality people, industrial technology, manufacturing, and formulating capacity to Rodda Paint Co. and the Cloverdale Paint Group.
With this acquisition, Excelitas moves to further expand and broaden its industrial technology portfolio with a highly complementary set of photonic solutions across the lighting spectrum.
The acquisition of Imaginant, a specialist for ultrasonic measuring equipment, will expand the company’s BYK division through patented technology for handheld and robotic measuring instruments.
The global powder coatings market is estimated to be ~$13 billion and ~2.8 million MT in volume. It accounts for ~13% of the global industrial coatings market, and there are more than 1,200 companies involved in production and sales of powder coatings. This article discusses some of the emerging trends impacting this industry.
EMI Mills specializes in bead mills, mixers, and dispersers for small samples up to full-scale production volumes. The acquisition will enhance Schold’s product offering.
SunCoal Industries GmbH is a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials.
The acquisition will further boost the company’s position in China and will allow further market segmentation and reinforce its position outside of the premium segment.
The acquisitions become a part of New Water’s broader transportation packaging solutions platform which will now be the largest provider of specialty FIBCs and related packaging in North America.
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