Paint & Coatings Manufacturer News

Michelman acquires

June 13, 2006

Michelman has acquired the Wagers Corporation as part of a transaction that includes Wagers’ color coating products, inks, intellectual property and sales. The acquisition bolsters Michelman’s portfolio of water-based barrier, functional and white coatings, according to the company.
“We see our agreement with Wagers as an excellent opportunity to strengthen and improve the company’s position in decorative coatings and better serve our combined customer base,” said Dr. Richard Michelman, vice president, new business development, Michelman.