Markets & Companies
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Sto acquires the remaining shares in Jonas Farbenwerke
The Sto Group is expected to acquire the remaining 50.2 % shares in Jonas Farbenwerke - subject to the approval of the Federal Cartel Office - with effect from February 28, 2021.
News Markets & Companies
Azelis Italy about to acquire Came
Azelis has signed an agreement to acquire 100% of the shares of Came Chemical Mineral and Engineering in Italy.
News Markets & Companies
CIN and Boero – a new alliance in the coatings industry
The Portuguese coatings manufacturer CIN will take over the Italian coatings company Boero Group. Both companies have been partners already for some years. Both companies combine an annual revenue of around...
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Bodo Möller Chemie expands agreement with BASF in South Africa
Bodo Möller Chemie South Africa is expanding the exclusive sales and distribution agreement with BASF South Africa for resins and additives.
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New subsidiary: Roberlo is strengthening its commitment to the North American market
Roberlo has announced the opening of a new subsidiary in Canada in February. This will bring the number of subsidiaries that Roberlo has on the American continent to eight.
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Nouryon renames Industrial Chemicals subsidiary to Nobian
Nouryon has chosen to rename its wholly-owned Industrial Chemicals business to Nobian.
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Akzo Nobel confirms intent to acquire Tikkurila with binding proposal
After its initial non binding proposal Akzo Nobel now has submitted a binding proposal to the Board of Directors of Tikkurila to acquire the Finnish coating manufacturer having completed its due diligence...
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Zeppelin acquires MTI Mischtechnik
Zeppelin Systems has taken over the owner-managed MTI Mischtechnik, whose shares were up for sale in October 2020 following insolvency proceedings.
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Uzin Utz plans second production site in Waco, Texas
A new Uzin Utz production site is being built in Waco, Texas, on a site area of approximately 61,000 square feet by 2022.
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New strategic partnership between OQEMA and CB Chemie
OQEMA has acquired a majority stake in Austria-based CB Chemie, which was founded in 2016 by Dr. Christian Braunshier.
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Brexit: “Coatings and ink producers are experiencing many more issues than anticipated”
Brexit has been a dominant topic in the last years and is set to have a great impact on the European paints and coatings industry in the upcoming years. We spoke to Tom Bowtell, CEO, and David Park, Public...
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Geholit+Wiemer becomes part of the Kabe Swiss Group
Geholit+Wiemer now belongs to the Swiss Kabe Swiss Group as of January 2021. The Bubenhofer family has acquired all shares in the German, medium-sized manufacturer of coating materials as part of a succession...
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New strategy: Hempel wants to double revenue by 2025
A new strategy defines the timeframe of a doubling of Hempel by 2025. The path is defined by focus in the entire business, leadership positions in chosen segments, industry leadership in sustainability...
News Markets & Companies
VMP Chemiekontor takes over Quaan
VMP Chemiekontor is taking over chemicals company Quaan. The Hamburg-based owner-managed commercial business was founded in 2009 and focuses on the area of CASE.