The newly acquired facility manufactures color-match touch-up paint, custom aerosol, and other specialty coatings. Diamond Vogel hopes to accelerate its aerosol growth strategy with the new acquisition.
The global paint and coating market size is projected to grow at a CAGR of 3.3%, between 2022 and 2027. This market report breaks projections up by resin type including: acrylic, alkyd, epoxy, polyurethane, fluoropolymer, vinyl, polyester, and other.
According to Andres Lacassie, Carlisle Fluid Technologies VP of Sales & Marketing, the new manager’s “refreshed perspective will help elevate the business.”
The company's most recent white paper illustrates why metal cans are favored by the market due to their infinite recyclability, and safety and performance benefits, which contribute to a circular economy.
The named distribution company will serve as the technical supply chainpartner in the Louisiana, Texas, Oklahoma and Arkansas markets, serving as the exclusive distributor of the Afcona additive products.
Together with the current CEO Felix Kleinert, there will be a transition phase until mid-May, after which the new CEO will take over the management of the global Pumps & Systems Business Unit.
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