ITW Polymers & Sealants will bring its Sta'-Put lines of spray adhesives to WMS 2017, including Sta'-Put 80, a solvent-based, low VOC, non-chlorinated contact adhesive specifically formulated for bonding high pressure laminate to particleboard and many other porous and non-porous surfaces.
Graco will sell the Binks, DeVilbiss, Ransburg and BGK assets obtained during its acquisition of the Finishing Brands. Carlisle Companies will purchase the Liquid Finishing business from Graco for $590 million.
Graco has signed a definitive agreement to sell the Liquid Finishing business assets that were purchased as part of its acquisition of the Finishing Brands business from Illinois Tool Works (ITW) on April 2, 2012.
Illinois Tool Works sold control of its Decorative Surfaces segment, including Wilsonart, to Clayton, Dubilier & Rice for $1.05 billion in cash.
Illinois Tool Works Inc. announced it has closed on the agreement to divest a 51 percent stake in its Decorative Surfaces segment, consisting of Wilsonart and related international businesses, to a fund managed by Clayton, Dubilier & Rice, LLC (CD&R).
ITW announced plans to sell a majority of its Decorative Surfaces segment to Clayton, Dubilier & Rice. ITW will receive approximately $1.05 billion in cash, derived from a $395 million CD&R equity investment and borrowing by the new company.