News (235)


AlumaSafway, Métis Announce Joint Venture

AlumaSafway and the Infinity Métis Corp announced earlier this month the AlumaSafway Infinity Joint Venture, a partnership that will become the largest indigenous scaffolding, insulation and...


Tnemec Acquires Textured Coatings Company

Coatings manufacturer Tnemec Company, Inc. recently announced that it has purchased assets of Textured Coatings of America, Inc. (Tex•Cote).


SSPC, NACE Merger Discussions Continue

SSPC: The Society for Protective Coatings and NACE International, The Corrosion Society announced Monday that discussions were continuing the potential collaborative efforts between the poss...


Sika Acquires Chinese Sealants Manufacturer

Swiss chemicals company Sika recently announced that it has acquired Chinese silicone sealants and adhesives manufacturer Crevo-Hengxin.


Axalta Acquires UAE Powder Coatings Manufacturer

Global liquid and powder coatings manufacturer Axalta Coating Systems Ltd. recently announced that it has entered into a definitive agreement to acquire Capital Paints LLC, a United Arab Emi...


DIC Buys BASF's Global Pigments Business

Chemicals companies BASF and DIC announced last week that they have reached an agreement on the acquisition of BASF’s global pigments business.


SSPC, NACE Name Talks Facilitator

On Tuesday (Aug. 6), NACE International and SSPC: The Society for Protective Coatings announced the mutual decision to bring McKinley Advisors on board as a guiding entity for the two organi...


AAMA, IGMA to Form Single Organization

The American Architectural Manufacturers Association and the Insulating Glass Manufacturers Alliance announced late last week that they are combining into one organization with a new name: t...


Arkema Acquisition to Aid Resin Range

Specialty chemicals company Arkema announced earlier this week a project to acquire Lambson, a company that specializes in photoinitiators for curing (a technology that helps to meet demands...


Materials Company Acquires Performance Chemicals Firm

Materials science company Gelest Inc. (Morrisville, Pennsylvania) announced earlier this month the acquisition of Bimax (Glen Rock, Pennsylvania), a company that specializes in the productio...


Marco Group Acquires Equipment Manufacturer

Late last month, surface preparation equipment manufacturer Marco Group International (Deer Park, Texas) announced the acquisition of Manus Abrasive Systems Inc. (Edmonton, Alberta), which s...


Tremco Acquires Joint Sealant Company

Coatings and building materials company RPM International Inc. recently announced that its Tremco business has acquired Schul International Co., LLC, a manufacturer of joint sealants, and Wi...


Nippon Acquires Betek Boya

Nippon Paint Holdings Co. Ltd. recently announced via press release that it has acquired Turkish paint manufacturer Betek Boya.


WA-Based SPI Joins VersaFlex

Lakewood, Washington-based Specialty Products (SPI) recently announced that it is now part of the VersaFlex family of companies.


SSPC, NACE Leadership Discuss Unified Efforts

On March 18, SSPC: The Society for Protective Coatings, and NACE International announced that both organizations were discussing possible “synergistic opportunities” between the two. Last we...


SSPC and NACE: By the Numbers

As SSPC: The Society for Protective Coatings and NACE International have opened discussions regarding possible “synergistic opportunities” between the two organizations (announced in a March...


PaintSquare Readers Optimistic About Talks

In response to the March 18 announcement that SSPC: The Society for Protective Coatings and NACE International have opened discussions regarding potential collaboration between to the organi...


Teknos Acquires Drywood Norge AS

Industrial coatings firm Teknos announced that it has completed the acquisition of Drywood Norge AS to support its own growth strategy by entering a new business area in the architectural co...


Provide Your Thoughts on SSPC/NACE Talks

Recently, SSPC: The Society for Protective Coatings and NACE International, The Worldwide Corrosion Authority announced the beginning of discussions regarding “synergistic opportunities” bet...


Sika Could Acquire BASF Construction Segment

Swiss chemicals company Sika announced that it is interested in buying a portion of BASF’s construction chemicals business, which will reportedly be up for sale this month.


Monti Werkzeuge to Combine Americas Businesses

Surface preparation technologies manufacturer Monti Werkzeuge GmbH recently announced reaching an agreement with its U.S. distributor, Montipower Inc., along with owner Charles “Chuck” Locka...


Sika Moves to Acquire Parex in $2.5B Deal

Swiss chemicals company Sika has announced a binding offer to buy French coatings company Parex for a reported 2.5 billion Swiss franc ($2.53 billion).


RPM Acquires Specialty Mold Solution Brand

RPM International Inc. (parent company of brands such as Carboline, Tremco, Flowcrete and Rust-Oleum) recently announced that its Rust-Oleum group has acquired Siamons International Inc., pr...


BrandSafway Acquires Forming Concepts

Coatings and industrial solutions company BrandSafway (Kennesaw, Georgia) recently announced that it has acquired Forming Concepts, a provider of concrete formwork solutions in the United St...


DowDuPont Taps Leaders of New Companies

Holding company DowDuPont—comprised of The Dow Chemical Company (Midland, Michigan) and DuPont (Wilmington, Delaware), which merged last year—recently announced its senior leaders for the up...


Tronox-Cristal TiO2 Deal Advances in EU

The European Commission has approved a divestiture meant to pave the way for the acquisition of titanium dioxide supplier Cristal by Tronox Limited, a deal that still requires approval in th...


EC Further Approves Tronox-Cristal Deal

Tronox Limited announced that the European Commission has further approved its acquisition of Cristal, a titanium dioxide pigment business, by green-lighting the divestiture of Tronox’s 8120...


Tronox-Cristal Deal Approved by EC

The European Commission recently approved Tronox Limited’s acquisition of the Cristal titanium dioxide pigment business, even though the original deal closure date was anticipated by the fir...


EC Approves Tronox-Cristal Deal

The European Commission recently approved Tronox Limited’s acquisition of the Cristal titanium dioxide pigment business, even though the original deal closure date was anticipated by the fir...


Perkins Eastman, Dougherty Announce Merger

Global architecture and design firm Perkins Eastman and California-based firm Dougherty recently announced that the two have agreed on a merger, effective May 1.


TQC, Sheen Combine, Rebrand

After an acquisition last fall, testing instrument manufacturer Sheen Instruments and paint test equipment manufacturer TQC have merged under the same brand—TQC Sheen.


TQC, Sheen Combine, Rebrand

After an acquisition last fall, testing instrument manufacturer Sheen Instruments and paint test equipment manufacturer TQC have merged under the same brand—TQC Sheen.


ASRC Acquires FD Thomas, D. Zelinsky & Sons

Construction engineering company ASRC Industrial Services announced Wednesday the acquisition of F.D. Thomas Inc., an Oregon-based coating and specialty services contractor; and FDT’s subsid...


ASRC Acquires FD Thomas, D. Zelinsky & Sons

Construction engineering company ASRC Industrial Services announced Wednesday the acquisition of F.D. Thomas Inc., an Oregon-based coating and specialty services contractor; and FDT’s subsid...


RPM's Rust-Oleum Acquires Sealer Company

Coatings and sealants company RPM International Inc. announced Monday that its Rust-Oleum Group has acquired sealers and cleaners company Miracle Sealants Company.


Gougeon Brothers Acquires Entropy Resins

Michigan-based epoxy manufacturer Gougeon Brothers Inc. recently announced the acquisition of Entropy Resins, a developer of bio-based epoxy formulations for adhesives, coatings and composit...


Gougeon Brothers Acquires Entropy Resins

Michigan-based epoxy manufacturer Gougeon Brothers Inc. recently announced the acquisition of Entropy Resins, a developer of bio-based epoxy formulations for adhesive, coating, and composite...


VersaFlex, Raven Linings Announce Merger

Polyurea coatings and linings firm VersaFlex and epoxy linings manufacturer Raven Lining Systems announced Monday that they have merged, in a deal effective Jan. 1.


VersaFlex, Raven Linings Announce Merger

Polyurea coatings and linings firm VersaFlex and epoxy linings manufacturer Raven Lining Systems announced Monday that they have merged, in a deal effective Jan. 1.


Valentus Specialty Chemicals Acquires US Coatings

Valentus Specialty Chemicals announced last week it has acquired St. Louis-based US Coatings, a manufacturer of protective coatings.


Valentus Acquires US Coatings

Valentus Specialty Chemicals announced last week it has acquired St. Louis-based US Coatings, a manufacturer of protective coatings for oil and gas, defense, marine and other markets.


FTC Challenges Titanium Dioxide Merger

The U.S. Federal Trade Commission moved last week to challenge a proposed $1.67 billion merger between two major suppliers of titanium dioxide.


Titanium Dioxide Merger Challenged by FTC in US

Last week, the U.S. Federal Trade Commission moved to challenge a proposed $1.67 billion merger between two major suppliers of titanium dioxide.


SPF Companies Icynene, Lapolla Finalize Merger

Spray polyurethane foam manufacturers Icynene U.S. Holding Corp. and Lapolla Industries Inc. have announced the completion of their merger.


Axalta and Nippon Paint End Talks

On Thursday, global coatings manufacturer Axalta Coating Systems announced that it has ended talks with Japan-based Nippon Paint Holdings Co. Ltd., terminating the potential deal.


Axalta-Nippon Discussions End

Less than two weeks after a potential deal between Axalta Coating Systems and Nippon Paint Holdings Co. Ltd. was first broached, talks have ended with no agreement.


Clariant Spars with Shareholders

Specialty chemicals firm Clariant released multiple statements on Friday, detailing the fallout of the terminated merger with Huntsman Corporation, and highlighting a meeting with activist s...


Clariant Discusses Shareholder Talks, Strategy

On Friday, specialty chemicals firm Clariant released multiple statements on the fallout of its terminated merger with Huntsman Corporation, detailing a meeting with activist shareholder Whi...


Chemical Firm Unveils New Identity

In the wake of two recent acquisitions, specialty chemicals distributor Dunleary Inc. has rolled out a new name and identity: The Terra Firma Company LLC.


Axalta Ends Talks with Akzo, Begins with Nippon

Axalta Coating Systems (Philadelphia) released two statements less than a day apart last week, announcing that it not only ended merger talks with coatings giant AkzoNobel (Amsterdam), but i...


Dunleary Announces New Corporate Unity

Specialty chemicals distributor Dunleary Inc.—which includes the two recently acquired companies DN Lukens and D&F—has announced its new corporate identity: The Terra Firma Company LLC.


Nippon Pursues Axalta After AkzoNobel Talks End

A day after Axalta Coating Systems and AkzoNobel announced they were finished with merger negotiations, the U.S. industrial coatings firm confirmed Wednesday that it is in talks with Osaka, ...


ICP Construction Acquires Specialty Coatings Company

A division of the Innovative Chemical Products Group (Andover, Massachusetts), ICP Construction, announced last week that it had acquired Master Coating Technologies, a manufacturer of speci...


Homebuilders Lennar, CalAtlantic to Merge

Two homebuilding companies recently reached a merger agreement that is resulting in the largest homebuilder in the United States.


Kryton International Acquires Cementec Industries

Kryton International Inc., the inventor of crystalline concrete waterproofing, recently announced the acquisition of Cementec Industries Inc., which specializes in producing concrete additiv...


Kryton International Acquires Cementec Industries

Kryton International Inc., the inventor of crystalline concrete waterproofing, recently announced the acquisition of Cementec Industries Inc. (Calgary), which specializes in producing concr...


AkzoNobel, Axalta Confirm Merger Talks

Dutch coatings giant AkzoNobel (Amsterdam) confirmed Monday (Oct. 30) that it is in discussions with Axalta Coating Systems (Philadelphia) about a potential merger of equals that reports say...


AkzoNobel, Axalta Confirm Merger Talks

After reports released late last week, coatings giant AkzoNobel (Amsterdam) confirmed Monday (Oct. 30) that it is in talks with Axalta Coating Systems (Philadelphia) about a potential merger...


Blastrac Global to Acquire Skidabrader

Blastrac Global Inc. has announced its intention to acquire Skidabrader, a high-production pavement texturing service for the transportation sector.


Huntsman-Clariant Deal Scuttled

Chemical giants Huntsman Corporation and Clariant announced Friday that they will not continue to pursue their $20 billion merger plan, after receiving pressure from activist investors who e...


Huntsman-Clariant Scrap Merger Deal

After receiving pressure from activist investors about the deal, chemical giants Huntsman Corporation and Clariant announced Friday that they will not continue to pursue their $20 billion me...


Littlejohn Acquires Strategic Materials

Littlejohn & Co. LLC, a private investment firm based in Connecticut, announced on Tuesday (Oct. 17) that it will be acquiring Strategic Materials Inc. (Houston), a company that doubles as t...


Gordon Brush Acquires Kirschner Brush

Earlier this week, California-based paint brush manufacturer Gordon Brush Mfg. Co. announced its acquisition of Kirschner Brush Mfg. Company, which will boost Gordon's marine industry line o...


Gordon Brush Acquires Kirschner Brush Mfg. Co.

Paint brush manufacturer Gordon Brush Mfg. Co. announced earlier this week that it has acquired the Bronx-based Kirschner Brush Mfg. Company in a move that both entities describe as “a good ...


Company Increases Clariant Stake, Targets Merger

White Tale Holdings has increased its stake in Clariant, aiming to prevent the company from merging with fellow chemical manufacturer Huntsman International LLC. Clariant, however, says that...


Tata, ThyssenKrupp Announce Merger Plan

Two major global steelmakers announced Wednesday that they plan to combine their flat steel businesses into a joint venture unit that they say will ship 21 million tons of product each year.


ASRC Acquires US Coatings Inc.

In a move to expand its construction, maintenance and repair operating group, ASRC Industrial Services has acquired US Coatings Inc., a marine specialty coatings company based in Alabama.


Funds Increase Stake in Clariant, Target Merger

A holding company seeking to prevent the pending merger between specialty chemical companies Clariant and Huntsman International LLC has increased its stake in the Swiss company, but Clarian...


DowDuPont Adjusts Its Company Split

Newly merged DowDuPont says it has completed a portfolio review of the three companies it had planned to spin off, and has decided to adjust the Materials Science and Specialty Products segm...


DowDuPont Makes Changes to Spinoff Units

Newly merged chemical giant DowDuPont says it has completed a portfolio review of the three companies it intends to split into, and has decided that adjustments will be made to the Materials...


DowDuPont Says Merger is Successfully Complete

The merger of The Dow Chemical Company and DuPont was completed right on schedule, according to a press release issued by the new company, DowDupont.


Dow-DuPont Merger Complete

The Dow Chemical Company and DuPont officially completed their merger last week, creating a new company that will now divide into three separate businesses.


AkzoNobel's Disa Acquisition Complete

AkzoNobel announced Monday that its acquisition of Disa Technology, a leader in aerospace technical marking systems, is complete.


AkzoNobel Finalizes Disa Acquisition

AkzoNobel (Amsterdam) announced Monday (Sept. 4) that it has finalized its acquisition of Disa Technology (Limoges, France), a leader in aerospace technical marking systems.


Dow-DuPont Merger Close Date Set

A close date of Aug. 31 was been set for the merger between two chemical-industry giants, as the companies say all necessary regulatory approvals have been made.


DowDuPont Sets End Date for Merger

Chemical giants The Dow Chemical Company and DuPont have announced that all required regulatory approvals and clearances have been received, signaling an end date for the two companies’ merg...


Huntsman-Clariant Present First Update on Merger

Clariant and Huntsman recently presented the first merger update for shareholders. Huntsman also recently announced a subsidiary company’s IPO.


Huntsman TiO2 Spinoff Launches IPO

Global chemical firm Huntsman International LLC announced last week that subsidiary company Venator Materials PLC has launched its initial public offering and will be listed on the New York ...


RPM Acquires Coating Company

RPM International Inc. has announced its latest acquisition—Key Resin Company, a manufacturer of polymer flooring and coating systems.


PPG Announces Application Acquisition

PPG Industries (Pittsburgh) announced last week that it will acquire Warren, Michigan-based coating application services company The Crown Group.


PPG to Acquire Coatings Application Services Provider

PPG Industries recently announced that it has come to an agreement to acquire coatings application services business The Crown Group.


Hedge Fund Questions Chemical Merger

The pending merger between chemical firms Huntsman International LLC (The Woodlands, Texas) and Clariant (Muttenz, Switzerland) is being questioned by shareholders of the Swiss company.


Investor Wants to Stop Huntsman, Clariant Merger

Investment firm 40 North and hedge fund Corvex, led by activist investor Keith Meister, have recently acquired 23.9 million shares (or 7.2 percent) of Clariant and are actively trying to pus...


Hedge Fund Sues AkzoNobel Over Chair

Elliott Advisors, an arm of investor Paul Singer’s Elliott Management, is now the largest shareholder of coatings manufacturer AkzoNobel, and is attempting to force out Antony Burgmans, chai...


Hedge Fund Sues AkzoNobel Over Chair

An activist hedge fund has filed a new suit in an effort to oust the supervisory board chair of coatings manufacturer AkzoNobel in the wake of the Amsterdam firm’s denial of a months-long me...


Europe Approves Evonik Silica Buy with Conditions

German specialty chemical firm Evonik has been granted approval by the European Commission for its $630 million acquisition of Huber Silica—however, there are some conditions.


Europe Conditionally OKs Evonik Silica Buy

The European Commission has granted its approval to Evonik’s $630 million acquisition of Huber Silica, but the green light comes with conditions.


Ex-Valspar CEO Joins Building Materials Firm

Weeks after The Sherwin-Williams Company completed its acquisition of Valspar Corp., an Illinois building materials company announced that former Valspar CEO Gary Hendrickson will be joining...


Former Valspar CEO Takes New Position

Building materials company CPG International announced Monday that it has appointed former Valspar Corp. CEO Gary Hendrickson as Chairman of the Board.


Dow-DuPont Deal Gets US Approval

The $130 billion proposed merger between The Dow Chemical Company and DuPont is one step closer to reality, after U.S. regulators granted their approval to the deal Thursday (June 15).


US Approves $130B Dow-DuPont Merger

U.S. regulators have given conditional approval to the pending $130 billion merger between chemical giants The Dow Chemical Company and DuPont.


Axalta Completes $420M Valspar Unit Buy

Philadelphia-based Axalta Coating Systems on Thursday (June 1) finalized a deal to acquire Valspar Corporation’s North American Wood Coatings unit for $420 million in cash.


Axalta-Valspar Wood Coatings Deal Closes

Axalta Coating Systems has finalized its $420 million purchase of the Valspar Corporation's North American Wood Coatings business, the Philadelphia company says.


PPG Withdraws AkzoNobel Bid

PPG Industries has dropped its monthslong bid to merge with Dutch rival AkzoNobel, the company said Thursday.


PPG Pulls AkzoNobel Merger Proposal

After three bids in less than three months, PPG Industries announced Thursday it would no longer pursue a merger with Dutch rival AkzoNobel.


Sherwin-Williams Finalizes Acquisition of Valspar

The long-gestating acquisition of the Minneapolis-based Valspar Corporation by The Sherwin-Williams Company was finalized Thursday.


Sherwin-Williams Seals $11.3B Valspar Deal

The Sherwin-Williams Company closed on its acquisition of the Minneapolis-based Valspar Corporation Thursday (June 1), creating the world's largest coatings manufacturer by sales.


Valspar Q2 Sales Up on Eve of Merger

With its acquisition by The Sherwin-Williams Company looming, Valspar Corp. issued its second-quarter earnings report Wednesday, indicating that sales were up more than 3.5 percent in compar...


Sherwin-Valspar Deal Set to Close June 1

U.S. and Canadian regulators have given their approval to the merger between two of the largest paints and coatings manufacturers in the world, paving the way for the close of the deal this ...


Sherwin-Valspar Deal Set to Close This Week

Last week, the United States Federal Trade Commission and the Canadian Competition Bureau both gave their approval to the merger between two of the largest paints and coatings manufacturers ...


Huntsman, Clariant Announce $20B Merger

Global chemical companies Clariant and Huntsman Corporation are planning to merge into one company, with predicted annual sales of more than $13 billion, according to an announcement made on...


Axalta Acquires Spencer Coatings Group

Philadelphia-based coatings manufacturer Axalta announced that it has entered an agreement to acquire British-owned industrial coatings manufacturer Spencer Coatings Group.


Huntsman, Clariant Announce $20B Merger

Global chemical companies Huntsman Corporation and Clariant announced Monday that they plan to merge into one company, with predicted annual sales of more than $13 billion.


AkzoNobel Shareholders Apply Pressure

In the wake of AkzoNobel's third rejection of a merger proposal from rival PPG Industries, some shareholders of the Dutch coatings firm are continuing to use their clout—and the courts—to tr...


Shareholder Turmoil Heats Up at AkzoNobel

Shareholders of Dutch coatings giant AkzoNobel are raising concerns amid the company’s rejection of rival PPG Industries’ third merger proposal earlier this month.


PPG: AkzoNobel Proposal Still Alive

PPG Industries issued a new statement Wednesday in response to Dutch coatings manufacturer AkzoNobel’s rejection of its third merger proposal, reiterating that the Pittsburgh-based firm stil...


PPG Still Up for Talking to AkzoNobel

On Wednesday (May 10), PPG Industries issued a new statement in response to AkzoNobel's (Amsterdam) rejection of its third merger proposal. According to the release, the Pittsburgh-based com...


AkzoNobel Rejects Third PPG Proposal

After two weeks of deliberation and one meeting with PPG Industries, Amsterdam-based AkzoNobel announced Monday morning that it has rejected the Pittsburgh-based coatings giant’s third propo...


Third PPG Proposal Rejected by AkzoNobel

AkzoNobel announced Monday morning that it has rejected a third merger proposal from PPG Industries following two weeks of deliberation and a meeting with the Pittsburgh, Pennsylvania-based ...


Akzo to Consider PPG's Third, 'Last' Offer

Coatings manufacturer PPG Industries has made a third attempt to combine with AkzoNobel, and for the first time, the Dutch company has said it will consider the offer.


PPG Makes Third, 'Last' Offer to AkzoNobel

For the first time, Dutch coatings company AkzoNobel will consider a merger offer from PPG Industries, which has made its third attempt at the proposition.


PPG Reports Q1 Growth Amid Marine Challenges

Global coatings manufacturer PPG Industries reported growth in net sales and sales volumes in its first quarter, bolstered in part by a 7 percent jump in sales in the Industrial Coatings seg...


PPG Releases Q1 Numbers, Nods to AkzoNobel Offer

Global coatings manufacturer PPG Industries reported growth in net sales and sales volumes in its first quarter, bolstered in part by a 7 percent jump in sales in the Industrial Coatings seg...


Kansai Acquires European Coatings Firm

Paints and coatings company Kansai recently announced that it completed its acquisition of Helios Group, a coatings company headquartered in Kolicevo, Slovenia.


AkzoNobel Details Split Plan, Issues Q1 Report

Global coatings giant AkzoNobel released a series of announcements Wednesday morning to shareholders and members of the press, including a better-than-anticipated first quarter earnings repo...


AkzoNobel Reports Q1 Profits, Plan to Split

Coatings manufacturer AkzoNobel announced what it called record profitability in the first quarter of 2017, and went on to detail its plan to spin its Specialty Chemicals business into a sep...


AkzoNobel Backs Chair, Questions PPG

Global coatings manufacturer AkzoNobel says it has full confidence in Antony Burgmans, the chair of its supervisory board, after some shareholders requested an Extraordinary General Meeting ...


Valspar Sells Wood Coatings Unit for $420M

In a transaction that The Sherwin-Williams Company and Valspar hope will pave the way for the close of their pending merger, the firms announced on Wednesday (April 12) they have reached an ...


Kansai Completes Helios Acquisition

Osaka, Japan-based chemical company Kansai acquired 100 percent of shares of coating manufacturer Helios Group, which is headquartered in Kolicevo, Slovenia.


PPG Reiterates Akzo Invitation

For the third time in under a month, PPG Industries is trying to set up talks with Dutch coatings firm AkzoNobel.


PPG Makes Public Appeal to AkzoNobel

The ongoing courtship between the world's largest coatings company and its biggest competitor took another very public turn this week as PPG Industries issued an open invitation to AkzoNobel...


AkzoNobel Reveals Carbon Goals

Amsterdam's global coatings giant says it wants to be carbon-neutral in the next three decades, amid plans to split off a business unit.


Europe OKs Dow-DuPont Merger

After months of review, the European Union has approved the pending merger between Dow Chemical and DuPont, setting the two companies one step closer to combining.


AkzoNobel Unveils Energy Plan, Pursues Split

Global coatings manufacturer AkzoNobel has announced a plan to be completely carbon-neutral by 2050, moving to 100 percent renewable sources of energy.


Dow-DuPont Merger Gains EU Approval

Dow Chemical and DuPont are one step closer to becoming DowDuPont, with the companies’ recent merger approval coming from the European Union.


Safway to Merge with Brand Energy

Two major providers of services related to blasting, painting and corrosion protection announced Monday that they will be merging.


AkzoNobel Turns Down PPG’s Second Offer

For the second time in as many weeks, Dutch coatings firm AkzoNobel has declined what it called an “unsolicited proposal” from PPG Industries, the world’s largest coatings manufacturer.


PPG’s Second Offer to AkzoNobel Declined

Dutch coatings firm AkzoNobel has declined a second "unsolicited proposal" from PPG Industries, the world's largest coatings manufacturer.


Sherwin-Williams, Valspar Deal Delayed

The Sherwin-Williams Company and The Valspar Corporation announced in a joint news release Tuesday that they have extended the termination date of their merger agreement from March 21 to Jun...


Sherwin-Williams, Valspar Extend Merger Plans

A timeline shift has prompted The Sherwin-Williams Company (Cleveland) and The Valspar Corporation (Minneapolis) to push back the termination date of their planned merger agreement, the comp...


Brand, Safway Announce Merger

Two major providers of services related to blasting, painting and corrosion protection announced Monday that they will be merging.


AkzoNobel Rejects $22B PPG Proposal

Global paints and coatings manufacturer AkzoNobel said Thursday that it is reviewing its options to separate its Specialty Chemicals business after rejecting outright an offer from PPG Indus...


PPG Makes Bid for AkzoNobel

PPG Industries made an offer to buy its largest competitor in the paint and coatings industry, AkzoNobel, but the Dutch firm rejected the bid, and is now exploring the possibility of spinnin...


Firestone to Buy Gaco Western

In a move aimed to increase its foothold in the building envelope industry, Firestone Building Products Company LLC says it reached an agreement to acquire Gaco Western, a manufacturer of si...


Axalta to Acquire Century

A Pennsylvania liquid and powder coatings manufacturer has announced an agreement to purchase a Texas-based coating company that offers high-performance coatings for a variety of application...


R&D Concerns in Dow-DuPont Deal

Innovation concerns are at the center of the regulatory review of The Dow Chemical Company's multi-billion dollar bid to merge with DuPont, reports relate.


Axalta to Buy Century Industrial Coatings

Coatings manufacturer Axalta has announced plans to acquire Century Industrial Coatings, a 50-year-old company that makes coatings for structural steel, oil and gas, rail cars and other OEM ...


ICP Group Acquires Floor Coating Firm

The parent company of a number of architectural and specialty coating and adhesive brands has added polymer floor coating manufacturer Rock-Tred Corp. to its portfolio.


ICP Group Acquires Rock-Tred

The Innovative Chemical Products Group has acquired the Illinois-based polymer floor coating manufacturer Rock-Tred Corp.


RPM Acquires Raw Materials Firm

RPM International, parent corporation of a number of industrial and architectural paints and coatings companies, has acquired specialty chemical raw materials manufacturer Arnette Polymers L...


Axalta to Buy Los Angeles Paint Maker

Philadelphia-based Axalta Coating Systems has announced plans to acquire Los Angeles-based Ellis Paint Company.


Axalta Acquires CA-Based Ellis Paints

Axalta Coating Systems (Philadelphia) announced Friday (Jan. 6) that it will acquire the Ellis Paint Company, a Los Angeles-based manufacturer of industrial and automotive refinish paints.


Sika to Buy Roof and Wall Systems Maker

Sika has announced the planned acquisition of Rmax Operating LLC, a U.S.-based company that manufactures polyiso insulation products for the building envelope.


Dunn-Edwards, Nippon Paint Agree to Merger

Asian paint manufacturing giant Nippon Paint Holdings Co. Ltd. (Osaka, Japan) has received approval from its board of directors to move ahead with plans to acquire Los Angeles-based paint ma...


Nippon Paint to Buy Dunn-Edwards

Osaka, Japan-based Nippon Paint Holdings Co. Ltd., the world’s fourth largest paint company, has entered into a deal to acquire the Los Angeles-based paint maker Dunn-Edwards Corp.


Valspar Sales Decline, Merger ‘On Track’

Ahead of its multi-billion dollar planned merger with The Sherwin-Williams Company, paint and coatings manufacturer Valspar Corp. announced its fourth-quarter and year-end results, posting d...


Valspar Addresses Financials, Merger Chatter

Following release of a statement responding to market rumors concerning its proposed merger with The Sherwin-Williams Company, paint and coatings manufacturer Valspar Corp. announced its fou...


Dow, DuPont Merger Review Held Up Again

Another roadblock has popped up for The Dow Chemical Company and DuPont as their proposed merger remains under review by European regulators.


Dow, DuPont Merger Faces Hurdles

U.S.-based Dow Chemical and DuPont have once again failed to provide crucial data to European antitrust regulators—forcing the European Commission to suspend its review of the proposed merge...


Sherwin-Williams, Valspar Respond to FTC Rumor

Following an article suggesting that the pending merger between The Sherwin-Williams Company and Valspar was facing regulatory complications, both companies announced Friday the deal remains...


Sherwin-Williams, Valspar: Deal Unchanged

The Sherwin-Williams Company and Valspar intend to close their pending merger on schedule in early 2017 and at its planned price, the companies said Friday (Oct. 28), in the face of a report...


Companies Join Forces on Engine Coatings

Praxair Surface Technologies, a company specializing in high-performance coatings for the aviation, energy and other industries, is teaming up with GE Aviation in a specialized coatings join...


Review Proceeds on Dow-Dupont Merger

The proposed merger between chemical giants The Dow Chemical Company and DuPont is moving forward again, as an investigation by European regulators reopens after missing paperwork caused a w...


Dow-DuPont Deal Review Reopens

European regulators have restarted their investigation of the proposed merger between The Dow Chemical Company and DuPont, weeks after suspending the process due to missing paperwork, though...


Resins Firms' Merger Complete

Allnex, an international resins supplier of resins for architectural, industrial, OEM and special purpose coatings, has completed its acquisition of global resins manufacturer Nuplex Industr...


Regulator Questions Delay Dow-DuPont Deal

European regulators have called for a pause in their review of the proposed merger between two chemical giants due to what they're calling missing information, while a U.S. Senate committee ...


Dow, DuPont Deal Hits Regulatory Snag

The proposed merger of two chemical giants has hit a roadblock as the European Union’s antitrust authority halted its review of the transaction, citing missing information.


BASF, Henkel Agree on Deal

In a move to strengthen its construction chemicals portfolio, the world’s largest chemical company, BASF, plans to acquire Henkel’s professional Western European flooring, tiling and waterpr...


Concrete Trade Groups to Merge

The American Society of Concrete Contractors will be augmenting its concrete polishing programming through a merger with the Concrete Polishing Association of America, the two groups have an...


Regulators Approve Resin Merger

European antitrust regulators have given the green light to the merger of two major resin manufacturers.


Resins Acquisition Gets Green Light

The merger of two major resin manufacturers is one step closer to fruition after receiving antitrust clearance from the European Commission.


Valspar Reports Q3, Merger Costs

Foreign currency translation nicked earnings for Valspar Corp.’s third quarter and overall volumes grew 2 percent, as the company prepares for the proposed merger with The Sherwin-Williams C...


Pipeline Giant Forms in $28B Deal

The announced merger of two major pipeline companies promises to create the largest energy infrastructure company in North America, with an estimated market value of $127 billion.


Valspar Q3 Numbers Mixed

Coil and wood coatings fueled volume growth in the third quarter for Valspar Corp., though foreign currency translation contributed to a slight dip in sales for the manufacturer as it prepar...


Dow, DuPont Deal Under EU Antitrust Review

European Union authorities are taking a look at the proposed merger between The Dow Chemical Company and DuPont, two major global chemical companies with diverse product portfolios, to deter...


Dow, DuPont Deal Under EU Antitrust Review

As the proposed merger between two chemical giants advances, the European Union’s antitrust authority has opened an investigation to determine whether the transaction is in line with the EU ...


Valentus Acquires Floor Finishes Firm

Valentus Specialty Chemicals Inc., a holding company owned by Huron Capital, announced Thursday (August 11) that it completed its acquisition of Absolute Coatings Inc., the wood floor finish...


PPG to Sell Glass Unit; Bunch to Retire

After more than 130 years in the segment, PPG says it will sell off its flat glass business to the largest glass producer in Mexico for approximately $750 million.


PPG Sheds Flat Glass; Bunch to Step Down

Pittsburgh-based paints and coatings manufacturer PPG announced a historic change in its business operations lineup, as well as to its executive board, Thursday (July 21).


DowDuPont Merger Gets Investors’ Nod

DuPont and The Dow Chemical Company have each received the formal approval of their respective stockholders to move forward with their planned merger.


DowDuPont Deal Achieves Milestone

The proposed $130 billion merger that would unite The Dow Chemical Company and DuPont Co. has been formally approved by each company's stockholders.


Nuplex Shareholders Agree to Merger

Two global resin suppliers are moving forward with a merger. Allnex, based in Brussels and owned by parent company Advent International, announced in Februrary that it was in talks with Nupl...


Global Resins Merger Set to Advance

A deal between global resins manufacturers Allnex and Nuplex is moving forward, with shareholders from Nuplex approving a deal that would merge the two companies.


PPG-MetoKote Leader Named

Fortune 500 paint and coatings maker PPG announced a new appointment to its executive leadership team Monday (July 11).


ThyssenKrupp, Tata Steel Talk Merger

German industry giant ThyssenKrupp has confirmed that it is in talks with India-based Tata Steel about a possible merger, leading to speculation that Europe’s steel market may be set to furt...


RPM Acquires NC Bridge Repair Firm

Specialty coatings and sealants giant RPM International has added to its portfolio with the acquisition of Applied Polymerics Inc. & Marketing Associates Inc. (API/MAI), an infrastructure ma...


Dow to Lay Off 2,500

Within weeks of The Dow Chemical Company’s completion of its strategic ownership restructuring of Dow Corning Corporation, the specialty chemical giant announced the elimination of 2,500 job...


RPM Inks Australian Waterproofing Deal

Seeking to widen their footprint in the Australian market, RPM and its Tremco Group have announced the acquisition of New South Wales-based Duram Industries Pty Ltd., a manufacturer of comme...


Dow to Cut Jobs, Close Plants

The Dow Chemical Company will cut 2,500 jobs in the wake of its strategic ownership restructuring of Dow Corning Corporation, and anticipates closing a number of facilities, including manufa...


Valspar Shareholders Approve $11B Deal

Shareholders in Minneapolis-based paint company Valspar voted Wednesday (June 29) to approve the sale of the company to rival Sherwin-Williams.


$11B Valspar Deal Gets Shareholders’ OK

Paint and coatings maker Valspar, based in Minneapolis, received the support of its shareholders Wednesday (June 29), as they voted to approve the proposed sale of the company to rival The S...


BASF Grows Coatings Arm in $3.2B Deal

Known as a multi-national chemicals manufacturing corporation, BASF is expanding its coatings portfolio through the acquisition of a global surface treatment business.


Shareholder Files Suit in Valspar Deal

A Valspar Corp. shareholder has filed a suit against the company, alleging that aspects of its pending sale to The Sherwin-Williams Company constitute a breach of fiduciary duty.


PPG Expands Reach with New Acquisition

Pittsburgh-based coatings giant PPG has announced it will acquire global coatings services provider MetoKote and its affiliates.


Dow Corning Restructuring Complete

After 73 years, the Dow Chemical Company and Corning Inc. have restructured their silicones joint venture.


Dow Takes Full Control of Silicones Business

With an eye toward enhanced material science capabilities, The Dow Chemical Company has completed its strategic ownership restructuring of Dow Corning Corporation, according to a June 1 anno...


Marine Coatings Firms Partner Up

Japan’s Nippon Paint Marine Coatings and Germany’s Wilckens Farben GmbH have announced a joint venture that will supply Nippon’s marine paints throughout Europe and Turkey.


FTC Reviews Acquisition

As part of The Sherwin-Williams Company’s pending acquisition of The Valspar Corporation, the companies have been asked to provide additional information and documentary material to federal ...


FTC Probes Sherwin-Williams Deal

Federal trade regulators want to know more about The Sherwin-Williams Company’s quest to acquire Valspar in an $11 billion deal that would create the world’s largest paint and coatings produ...


Valentus Buys Wood Finishes Firm

Valentus Specialty Chemicals Inc. has announced it has acquired a Tennessee-based manufacturer of wood flooring finishes and related products.


Merger Targets Water Infrastructure

Engineering, consulting, and design services firm Stantec is planning to extend its worldwide reach in water resources infrastructure with the acquisition of MWH Global Inc.


APE to Buy Corrosion Specialties

APE Companies, of Deer Park, TX, is expanding its reach and capabilities through the acquisition Corrosion Specialties Inc.


Merger to Form Energy Pipeline Giant

The company known for the controversial Keystone Pipeline project, which sought to carry crude oil from the oil sands in Alberta, Canada, through the U.S. and on to the Gulf of Mexico, has a...


Sherwin-Williams to Buy Valspar for $11B

The Sherwin-Williams Company has announced it will acquire competitor paint and coatings producer Valspar in an all-cash deal valued at approximately $11.3 billion.


Sherwin-Williams, Valspar Make $11.3B Deal

In a deal valued at $11.3 billion, The Sherwin-Williams Company and The Valspar Corporation jointly announced that they have entered into a definitive agreement under which Sherwin-Williams ...


Rust-Oleum Acquires Seal-Krete

In its quest to conquer the concrete care category, RPM International Inc. has announced that its Rust-Oleum Corporation subsidiary has acquired Seal-Krete, a leading U.S. manufacturer of co...


AkzoNobel to Buy BASF Unit for $531M

In a shift of the global performance coatings landscape, global paint and coatings giant AkzoNobel has agreed to buy BASF’s industrial coatings business for €475 million ($531 million), the ...


AkzoNobel, BASF Agree to $531M Deal

In a move it says will strengthen its coil coatings market presence, AkzoNobel will pay €475 million ($531 million) to acquire BASF’s industrial coatings business.


Westinghouse Picks Engineer for Nuclear Jobs

Irving, TX-based engineering construction company Fluor Corporation won two subcontracts giving it workforce


Offshore Fabricator Pays $20M for Shipyard

Known as a manufacturer of specialized structures and vessels used in the oil, gas and marine industries


Insulation Company Closes Ninth Deal

Installed Building Products Inc., a national insulation and building products installation company, has acquired a North Carolina-based residential spray polyurethane foam insulation install...


Dow, DuPont to Unite in $130B Deal

Coatings and chemical giants The Dow Chemical Company and DuPont Co. announced Friday (Dec. 11) that they are merging in a deal valued at $130 billion.


Milan Firm Acquires Lane Industries

Italian infrastructure group Salini Impregilo announced an agreement to acquire U.S.-based construction firm Lane Industries Inc., one of the country’s top federal contractors for roads and ...


Nuclear Giant Takes on Construction

Leading supplier of nuclear plant products and technologies to utilities throughout the world, Westinghouse Electric Company LLC is expanding its global offerings through the acquisition of ...


Firm Invests in 2 Shipyards’ Future

While other area shipyards are undergoing layoffs and facing budget concerns, two Virginia shipyards are about to be purchased by a New York-based investment firm that focuses on “distressed...


American Galvanizing Joins Valmont

With business portfolio comprising four primary segments—coatings, engineered infrastructure products and services, utility support structures and irrigation—Valmont Industries is expanding ...


Acquisitions Swallow Spray Foam Firms

Accella Performance Materials, a St. Louis manufacturer of polyurethanes and recycled rubber products, has announced acquisitions of three spray foam and coatings companies.


PPG Completes IVC Acquisition

Coatings giant PPG Industries has formally acquired IVC Industrial Coatings, Inc., the company announced Tuesday (Sep. 1).


A.W. Chesterton, Ceramic Polymer Join

Known for its industrial fluid sealing systems, protective coatings, and high-performance industrial lubricants and MRO chemicals, the 135-year-old A.W. Chesterton Company is extending its g...


UK Construction Giant Strikes a Deal

Balfour Beatty has announced the sale of consulting arm Parsons Brinckerhoff to Montreal-based WSP Global Inc. for £820 million ($1.35 billion USD).


Construction Mega-Merger Runs Aground

The ink was barely dry on a $5 billion proposal to merge two global construction giants when one called the deal off.


UK Construction Giant Nixes Merger

Balfour Beatty has shut down merger talks with Carillion only one week after announcing the possible £3 billion ($5 billion USD) deal, citing disagreement over the terms.


Sherwin-Williams Expands in Middle East

Sherwin-Williams has opened a new paint manufacturing facility in Saudi Arabia as part of a joint venture with housing manufacturer Red Sea Housing Services Company.


PPG on the Rise in Latin America

With a larger footprint in Mexico and a fresh one in Panama, PPG Industries is amping up its presence in the hot paint and coatings market south of the U.S. border.


PPG Growing South of the Border

PPG Industries is beefing up its reach in Central America, announcing both a multimillion-dollar expansion of its Mexico facility and plans to acquire a Panama-based protective and marine co...


S-W Still Pursuing Comex Deal

Months after its bid was twice rejected, the Sherwin-Williams Co. still has designs on Central and South America's largest paint producer.


PPG Drops Comex; S-W Talks Continue

PPG Industries’ Protective and Marine Coatings (PMC) business has terminated its licensee agreement with the Comex Group, but Sherwin-Williams remains interested in Central and South America...


60K Airline Workers Pick New Paint

It was a close race, but American Airlines employees have spoken, voting to repaint hundreds of aircraft with a new red, white and blue flag design.


Sky-High Paint Job Goes to a Vote

A recent merger has American Airlines saying “out with the old and in with the new.” Wait, maybe they want “in with the old and out with the new.”


AkzoNobel Adds, Nippon Paint Subtracts

Global coating makers AkzoNobel and Nippon Paint are resizing their portfolios, with AkzoNobel expanding its presence in the Middle East and Nippon Paint divesting part of its U.S. business.


DuPont Refinish Reborn as Cromax

Automotive coatings formerly from DuPont are getting a fresh new face with a rebranding campaign taking place throughout the rest of the year.


Firms Plan Industrial Services Giant

Diversified global industrial company Harsco Corp. has announced the $300 million sale of its Infrastructure division into a $3 billion joint venture that will combine the business with Bran...


DuPont Weighs Sale of Chemicals Unit

DuPont says it is considering the sale of its Performance Chemicals segment, which produces paint pigments.


DuPont Ponders Sale of Chemicals Unit

DuPont may shed its Performance Chemicals segment, which produces paint pigments, after a less-than-stellar performance in the second quarter, the major chemical manufacturer announced on Tu...


AkzoNobel Dims Decorative in Germany

AkzoNobel's Decorative Paints business continues its crash diet, with a newly announced plan to shed its German paint stores immediately after selling off its North American unit.


AkzoNobel to Shed German Paint Stores

AkzoNobel continues to shrink its global decorative paints business, announcing that it will divest its decorative paints stores for professionals in Germany to independent wholesale distrib...


PPG Opens 2013 on a Flat Note

Cooling off after a record earnings year, PPG Industries’ sales remained static for the first quarter of 2013, with weak European markets taking the brunt of the blame.


PPG on the Move, But Sales Stall

The world’s No. 2 paint and coatings company racked up major acquisitions in the first quarter of 2013, but weakness in Europe kept PPG Industries’ overall sales flat.


Grace Acquires Waterproofing Company

Grace Construction Products is expanding its reach into Australia and Asia Pacific with the acquisition of Chemind Construction Products, a privately held manufacturer and distributor of wat...


Royal Holdings Buys Adhesives Packaging

Adhesives Packaging has been acquired by Royal Packaging, with intentions of operating the company as a standalone business in packaging, mixing and applying adhesives.


PPG Chemicals Unit Becomes Axiall

PPG Industries has completed the separation and merger of its commodity chemicals business with a Georgia Gulf subsidiary, giving rise to a new entity called Axiall Corporation.


Garland Acquires DryDog Barriers

Hoping to expand its waterproofing reach and take advantage of an improving home construction market, Garland Industries Inc. has announced the acquisition of DryDog Barriers LLC, of Charlot...


UK Axes AkzoNobel's Can Coatings Deal

Britain's Office of Fair Trading has blocked AkzoNobel's proposed acquisition of Metlac Holding, ruling that the deal would substantially reduce competition in metal coatings for beer and be...


PPG Chemical Unit Split Proceeding

PPG Industries' split-off transaction of its commodity chemicals business is underway, having gained all required approvals, the company has announced.


Reports; DuPont Considering Sale of Powder-Coatings Unit; No Comment from Company

DuPont Company is considering the sale of its powder-coatings business and another joint-venture unit, according to business-media reports.


 
 
   

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