Akzo Nobel acquires Ceilcote business from KCH Group

Akzo Nobel strengthens protective coatings portfolio

23-Apr-2007

Akzo Nobel has strengthened its position in the global protective coatings market after signing an agreement to acquire the worldwide Ceilcote business from the German-based KCH Group for close to EUR 12 million. Ceilcote specializes in high performance, polymer-based corrosion control solutions for both new construction and maintenance projects.

"This deal underlines our strong commitment to delivering on Akzo Nobel's ambitious growth strategy," explained CEO Hans Wijers, who is also the Board member responsible for Coatings. "As the world's leading coatings company, we are always looking to explore significant expansion opportunities in both mature and emerging markets and this is an important acquisition which will further enhance our portfolio and consolidate our global presence."

Established in Cleveland, Ohio, in the United States in 1926, Ceilcote - which employees 36 people - is a global operation, with a regional sales office situated in Singapore. Last year, the company relocated its main manufacturing facility and headquarters to a new facility in Berea, Ohio.

Other news from the department business & finance

These products might interest you

Dursan

Dursan by SilcoTek

Innovative coating revolutionizes LC analysis

Stainless steel components with the performance of PEEK - inert, robust and cost-effective

HPLC accessories
OCA 200

OCA 200 by DataPhysics

Using contact angle meter to comprehensively characterise wetting behaviour, solids, and liquids

With its intuitive software and as a modular system, the OCA 200 answers to all customers’ needs

contact angle measuring instruments
Tailor-made products for specific applications

Tailor-made products for specific applications by IPC Process Center

Granulates and pellets - we develop and manufacture the perfect solution for you

Agglomeration of powders, pelletising of powders and fluids, coating with melts and polymers

toll manufacturing
Loading...

Most read news

More news from our other portals

So close that even
molecules turn red...