Inver S.p.A., the Italian company specializing in industrial liquid and powder coatings, and AB Wilh Becker, one of the leading paint and coatings manufacturers in the world, announced the agreement for Inver S.p.A. to acquire the European powder coatings businesses of AB Wilh. Becker.
Inver is acquiring Becker Powder Coatings’ (BPC) four European production plants located in France (Thouars), UK (Liverpool), Poland (Debica) and Italy (LAquila). BPC’s French and UK businesses are the top three and top five in their respective markets and this strong position gives Inver the ability to achieve a solid competitive platform and to further penetrate these European powder coatings markets, characterized by high entry barriers.
This acquisition will make Inver the fourth largest producer in the European powder market. This disposal enables Becker to focus their energy and resources on further developing their market leading positions in industrial coatings, wood coatings and artists materials.
Inver to acquire Becker
Published November 14, 2008