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Watson Standard Acquires Delta Coatings

December 12, 2012

Effective December 3, 2012, Watson Standard has acquired certain assets of Delta Coatings Corporation, a privately-owned coatings company that specializes in the development and manufacturing of coatings for the general industrial and packaging industries. Acquiring Delta allows Watson to re-enter the general industrial coatings marketplace and add to its existing portfolio of coatings and adhesives for the packaging industry. The acquired business will operate as Watson Standard Industrial Coatings.

“We are excited and enthusiastic about this return to an industry that was a facet of our foundation and represents our continued investment in and dedication to the coatings industry”, remarked Jim Lore, President of Watson Standard. “Additionally, Delta has developed a unique technology platform for BPA non-intent coatings targeted for the packaging industry and under a multi-year license Watson intends to bring this technology to full commercialization. This is an excellent acquisition which will provide significant benefits to both companies’ customers and prospective customers.”

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