ARNHEM, NETHERLANDS -- Akzo Nobel, an international organization serving customers with human and animal healthcare products, coatings and chemicals, has acquired Chemcraft Holdings Corp., a privately-owned North American manufacturer of industrial wood coatings.
“This is a strategically important acquisition which will enable us to add scale and value in a number of key North American wood coatings markets,” said Akzo Nobel CEO Hans Wijers. “Chemcraft is a perfect fit with the activities of our industrial finishes business and will considerably enhance our presence in several complementary markets.”
Established in 1976, Chemcraft operates nine manufacturing facilities across the United States, Canada and Brazil, employing around 500 people.
With global headquarters in Louisville, KY, Akzo Nobel’s industrial finishes business is the world’s largest manufacturer of coil coatings and factory applied wood coatings for furniture, kitchen cabinetry, building products and flooring. The business is also a supplier of specialty plastic coatings and wood adhesives.
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