Valspar expands global coil capabilities with acquisition of ISVA Vernici

11:05 AM, 11th February 2016

MINNEAPOLIS, US: The Valspar Corporation said that it has completed the acquisition of ISVA Vernici, a European coil coatings manufacturer headquartered in Turin, Italy.

The ISVA acquisition extends Valspar’s manufacturing footprint in Europe and brings customers an expanded product offering and increased customer service capabilities. Financial terms of the acquisition were not disclosed.

“ISVA’s excellent positioning in southern Europe will improve Valspar coil’s global presence and extend our reach into North Africa and the Gulf region,” said Howard Heckes, executive VP and president, global coatings, Valspar.

“Both Valspar and ISVA have long histories of innovation, supported by technologies and products that are well-respected in the market. Valspar’s customers will benefit from access to coating technologies from ISVA paired with Valspar’s technical service and global manufacturing capabilities.”

0 Comments

Your Comments (Up to 2000 characters)

Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Submit

ESSEN/MARL, GERMANY: Evonik Industries AG said that it plans to build a new production line for special polyamide 12 powder (PA12) in Marl (Germany) w ...

Lanxess, Aramco synthetic rubber JV ARLANXEO to launch in April

COLOGNE, GERMANY: Lanxess AG and Saudi Aramco said the name of their new joint venture for synthetic rubber will be ARLANXEO, complemented by the desc ...

‘Molecular movie’ opens door to new cancer treatments

LIVERPOOL, UK: An international team of scientists led by the University of Liverpool has produced a ‘structural movie’ revealing the step ...

Researchers create synthetic biopathway to turn agriculture waste into ‘green’ products

MINNEAPOLIS, US: Researchers at the University of Minnesota have engineered a new synthetic biopathway that can more efficiently and cost-effectively ...

Body heat triggers shape change in new type of polymer

ROCHESTER, US: Polymers that visibly change shape when exposed to temperature changes are nothing new. But a research team led by chemical engineering ...

Engineers develop hybrid technology to create biorenewable nylon

AMES, US: Engineers at Lowa State University have found a way to combine a genetically engineered strain of yeast and an electrocatalyst to efficientl ...