Barloworld confirmed its intention to dispose of its interest in coatings through a distribution of the ordinary shares of coatings held by Barloworld to the Barloworld ordinary shareholders.
The unbundling will have a number of benefits, including:
unlocking the value gap between Barloworld's intrinsic value and its market value; and the creation of a more focused Barloworld Group, the company reported.
LED curing solutions are utilized in the coatings industry because they offer highly reliable UV curing due to being a solid-state device. They provide deep through-cure and allow low surface temperatures that enable less expensive ra…