Canlak Coatings Inc. Completes the Acquisition of Ceramic Industrial Coatings
Summary
The combined Company will utilize a broader technology base in conjunction with an agile, solutions-oriented service model to support customers in our markets,” said Jon Borell, a Managing Director of SK Capital. Northborne Partners LLC acted as exclusive financial advisor to Ceramic Industrial Coatings. SK Capital’s portfolio of businesses generates revenues of approximately $16 billion annually, employs more than 20,000 people globally, and operates more than 200 plants in 32 countries. The Company offers an expansive portfolio of coating technologies, including UV-cured, waterborne, high-performance polyurethanes and traditional lacquers and varnishes. Headquartered in North Brunswick, New Jersey, Canlak operates from four production facilities across the United States and Canada.