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Markets :: Specialty Chemicals :: Paints and Coatings
Valspar Acquires Brazilian Powder Coatings Firm
9:15 AM MST | February 23, 2011 | Rebecca Coons
Valspar says it has acquired Isocoat Tintas e Vernizes, an Araçariguama, Brazil-based producer of powder coatings. Financial terms were not disclosed. “Isocoat further strengthens Valspar’s presence in the fast-growing coatings markets in Latin America and broadens our range of technologies for the general industrial segment,” says Gary E. Hendrickson, Valspar president and COO. Valspar says Isocoat posted sales of $34 million in...
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