Markets & Companies
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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.
News Markets & Companies
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...
News Markets & Companies
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...
News Markets & Companies
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.
News Markets & Companies
2021 will see large numbers of deals brought to closing
Covid-19 will drive consolidation in specific sectors of the chemicals industry, says Dr Otto Schulz, Partner and Head of Chemicals Practice at EY-Parthenon, a strategy consulting organisation. The paints...
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Lanxess acquires biocides specialist Intace
Specialty chemicals company Lanxess aims to expand its position as a leading manufacturer of biocides and antimicrobials by acquiring French company Intace.
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Akzo Nobel proposes to acquire Tikkurila for EUR 31.25 per share
As a reaction to PPGs offer to acquire Tikkurila, Akzo Nobel has made a comprehensive non-binding proposal to acquire the Finnish company as well. The proposal includes an all-cash public offer for all...
News Markets & Companies
PPG to acquire coatings manufacturer Versaflex
PPG announced that it has reached a definitive agreement to acquire Versaflex, a manufacturer specialising in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring,...
News Markets & Companies
PPG to acquire Wörwag
PPG announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first...
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Songwon further strengthens its commitment to China’s coatings industry
Over the past year, Songwon, manufacturer of polymer stabilisers, has continued to strengthen its commitment to the coatings industry in China.
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BCF welcomes FTA but calls for more significant changes to UK REACH
The British Coatings Federation (BCF) has welcomed the news of a Free Trade Agreement between the UK and EU.
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Huntsman completes the sale of shares in Venator
Huntsman has completed the sale of approximately 42.4 million ordinary shares of Venator to funds advised by SK Capital Partners.
News Markets & Companies
Akzo Nobel acquires New Nautical Coatings
Akzo Nobel is set to increase its presence in the North American yacht coatings market after agreeing to acquire New Nautical Coatings. Financial details are not disclosed.