www.pcimag.com/articles/87629-benjamin-moore-co-acquires-insl-x-products-corp
Benjamin Moore & Co. Acquires Insl-x Products Corp.
February 1, 2008
MONTVALE, NJ - With an eye to expanding its share of the North American coatings market, Benjamin Moore & Co. has announced its intent to purchase select assets and brands of Insl-x Products Corp., a coatings manufacturer based in Stony Point, NY.
According to Denis Abrams, President and CEO of Benjamin Moore, the acquisition is a strategic move that provides the company with several strong brands and a breadth of coatings products, including Insl-x, Coronado, Bruning, Trinity Lacquers and Lenmar.
While financial terms of the deal were not released, Abrams did share that the Insl-x management team and the company’s employees will continue in their current positions. Manufacturing and distribution of all Insl-x products will continue at their respective locations.
According to Denis Abrams, President and CEO of Benjamin Moore, the acquisition is a strategic move that provides the company with several strong brands and a breadth of coatings products, including Insl-x, Coronado, Bruning, Trinity Lacquers and Lenmar.
While financial terms of the deal were not released, Abrams did share that the Insl-x management team and the company’s employees will continue in their current positions. Manufacturing and distribution of all Insl-x products will continue at their respective locations.
