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AkzoNobel Acquires Enviroline

Tuesday, November 4, 2008

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AkzoNobel (Strawinskylaan, Amsterdam) has acquired Enviroline (Pompano Beach, FL); a move the company says will strengthen its marine and protective coatings portfolio.

 

The deal includes the transfer of goodwill, intellectual property, and employees. Financial details were not disclosed.

 

Enviroline is a specialty supplier of high performance, corrosion-resistant linings, predominantly in the oil and gas industries. It specializes in new construction and maintenance projects as well as corrosion control for steel and concrete structures. The company recently launched a thin-film VOC compliant fast cure epoxy coating for oil, gas, and chemical processing industries.

   

Tagged categories: Acquisitions; AkzoNobel; Enviroline

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