Paints and coatings: Asian market
- Publisher
- Elsevier Science
- Year
- 2007
- Weight
- 48 KB
- Volume
- 2007
- Category
- Article
- ISSN
- 1364-5439
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โฆ Synopsis
the $146 M/y paints and coatings maker MA Bruder & Sons. SW will also acquire paint maker and distributor Columbia Paint of Spokane, WA, USA. The company invested $149 M in 1H 2007 for acquisitions. In 2006, RPM's Carboline has acquired several of Nu-Chem's intumescent fireproofing assets. Tremco Group, another RPM subsidiary, has acquired green roof systems maker Permaquik of Mississaugua, ON, Canada. StonCor Group, another RPM subsidiary, bought Lier, Norwaybased Star Maling, a Scandinavian marketer and producer of speciality coatings for industrial and offshore/marine applications. Star-Maling has an estimated $30 M/y sales. In 2006, BASF acquired resins maker Johnson Polymer from JohnsonDiversey. BASF expanded its technical and/or marketing workforce by over 30% in the past several years to more ably respond to the architectural coatings market. Other deals in the region include Rockwood Holdings' $140 M acquisition of the global colour pigments and speciality paint driers operations of Elementis in North America, Europe and China. Lanxess will divest speciality coating additives maker Borchers of Lagenfeld, Germany to OM Group. More investments are discussed.
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