Welcome Guest to Coatings World    Login || Register
Last Updated Tuesday, October 13 2015

Spencer Coatings Acquires Stokes Paints

Published January 10, 2013
Spencer Coatings has become the U.K.’s largest independent coatings manufacturer after it acquired Stokes Paints in a deal worth £5million. Employing more than 100 people, the enlarged Spencer Coatings will have a turnover of more than £16million per annum and support the company’s continuing growth in global markets. The Aberdeen-based company will maintain its corporate headquarters.

Following the acquisition, the company is investing a new Distribution Center in Aberdeen, which will carry out color finishing and will stock products for Spencer customers in Scotland including customers operating in the North Sea oil and gas industry.

It will also establish a new technical center in Aberdeen to continue to develop new products for its customers across Scotland and Offshore.  Spencer’s main Research and Development unit will be merged with the Stokes Laboratories and relocated to a new facility at Huthwaite.

Spencer Coatings, which is a member of U.K. energy sector business development organization, NOF Energy, will also retain the Stokes Paints’ manufacturing facility in Huthwaite, Nottinghamshire, which will become the company’s primary production hub.

As well as supplying the important oil and gas sector, the new company has strong positions in other markets. Stokes Paints is the largest supplier of products to protect the country’s vast array of electricity pylons from corrosion, which is a crucial activity to ensure efficient distribution of electricity around the U.K.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
Follow Coatings World On