nCoat Buys Coatings Maker

Nanotechnology company nCoat (Whitsett, NC) says it has agreed to acquire Metallic Ceramic Coatings (MCC; Philadelphia) for $5 million in cash and $1 million in nCoat common stock. The deal is expected to close on June 29. nCoat says the acquisition doubles its size and creates a “highly competitive force” in automotive, trucking, and aerospace coatings. It did not provide capacity...

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