Valspar acquires powder coatings manufacturer in Brazil

12:04 PM, 7th June 2011

Valspar acquires powder coatings manufacturer in Brazil

MINNEAPOLIS, US: To strengthen its presence in the fast-growing coatings markets in Latin America, Valspar Corporation has acquired Isocoat Tintas e Vernizes Ltda, a power coatings manufacturer in Brazil. Located in Araçariguama, state of São Paulo, Brazil, Isocoat’s powder coatings are used in appliance, building products, transportation and other general industrial markets and serves customers in Brazil, Argentina and Colombia.

“Isocoat further strengthens Valspar’s presence in the fast-growing coatings markets in Latin America and broadens our range of technologies for the general industrial segment. The company supports our service to global customers in the region and provides a platform for growth,” said Gary E Hendrickson, President & Chief Operating Officer, Valspar. The terms of the transaction were not disclosed.

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