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Ergon Buys Henkel’s Corrosion Group

Tuesday, December 13, 2011

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Ergon Asphalt & Emulsions Inc. has acquired Henkel Corp.’s Corrosion Engineering Division, which provides sophisticated corrosion-protection lining systems for a variety of industries.

The division, based in Lester, PA, joined the ErgonArmor technical coatings group under the new name Corrosion Engineering, effective Dec. 10. The business has provided a diverse lineup of corrosion protection products for more than 70 years; its brands include PennTrowel, PennCoat, PennGuard, AcroLine and TufChem.

 ErgonArmor has acquired Henkel Corp.'s Corrosion Engineering Division

 Ergon Inc.

The newly renamed Corrosion Engineering has become part of the ErgonArmor technical coatings division.

Terms of the deal were not released. All sales and support staff will remain in place, Ergon said.

‘New Protective Solutions’

“ErgonArmor is thrilled to welcome Corrosion Engineering into the fold,” said Larry Erickson, Senior Vice President and General Manager of ErgonArmor. “We look forward to providing new protective solutions for our customers, and the inclusion of Corrosion Engineering will expand our division’s success in the days ahead.”

Henkel acquired the Corrosion Engineering Division in 2001 as a result of the merger between Elf Atochem and TotalFina Chemicals.

Ergon, Inc. is a privately held company with six primary business segments: Refining & Marketing, Asphalt & Emulsions, Transportation & Terminaling, Oil & Gas, Embedded Computing and Real Estate.

Ergon Asphalt & Emulsions specializes in the development of engineered paving and preservation products, and is the largest asphalt marketer in North America.

   

Tagged categories: Acquisitions; Corrosion protection; Linings; Mergers; Protective coatings

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