"We are excited to fully bring Momentive into the broader KCC Corporation and anticipate a positive impact with the ownership change as we shift from a private equity mindset to a more strategic and long-term approach," said Momentive President and CEO Sam Conzone, Ph.D.
In 2023, Cathay Industries, a global iron oxide pigment manufacturer, unveiled its new name, OXERRA, along with its new brand identity, after completing the acquisition of Venator's color business. In this exclusive PCI interview, OXERRA Americas’ CEO discusses the combined businesses, the rebrand, what’s driving R&D, and what’s next for the company.
The company has acquired 50.1% of distribution company Losi Group, a solutions provider for bonding composite materials and surface technologies for the aerospace industry, defense sector, MRO, motorsport, and the high-tech automotive industry.
The expansion includes three distributors and enlarges the distributors’ portfolios into the coatings, adhesives, sealants and elastomer (CASE), and other building materials markets following a recent acquisition by the company.
With the Merichem Company advised by Grace Matthews, collectively-renamed Merichem Technologies will now be a global provider of sulfur treating technologies and solutions and a suite of proprietary chemical catalysts.
"This addition will further enhance our ongoing effort to provide industry-leading surface finishing solutions and also bring exceptional talent to our organization,” said Glen Breault, Vice President, North America at MacDermid Enthone Industrial Solutions.
Noblelight specializes in the development and manufacture of specialty lighting components and system solutions, from ultraviolet to infrared, and the acquisition is the latest in a series by Excelitas Technologies since its establishment in 2010.
