11.06.17
Borchers finalized its acquisition of Owensboro Specialty Polymers, President and CEO Devlin Riley said.
"This strategic acquisition supports our growth objectives in core markets, like coatings and adhesives, as well as targeted adjacent markets like paper coatings, flexible packaging and oil and gas," Riley said. "It also marks the next step in our strategic growth plan, which is built on providing innovative products and solutions that create value for our customers.
"Additionally, this purchase brings outstanding barrier coating technology, which complements Borchers' existing capabilities, and it strengthens our geographic presence, particularly in the U.S.," Riley continued. "Borchers and OSP are committed to ensuring a smooth transition operating in a business as usual fashion until the transition is complete.
"This is an exciting time for all of us considering Borchers' dedicated global team members, new collective product offerings, capabilities and extended geographic footprint. These strengths will enable us to offer expanded product solutions, enhance service platforms and new innovations for our mutual future success."
"This strategic acquisition supports our growth objectives in core markets, like coatings and adhesives, as well as targeted adjacent markets like paper coatings, flexible packaging and oil and gas," Riley said. "It also marks the next step in our strategic growth plan, which is built on providing innovative products and solutions that create value for our customers.
"Additionally, this purchase brings outstanding barrier coating technology, which complements Borchers' existing capabilities, and it strengthens our geographic presence, particularly in the U.S.," Riley continued. "Borchers and OSP are committed to ensuring a smooth transition operating in a business as usual fashion until the transition is complete.
"This is an exciting time for all of us considering Borchers' dedicated global team members, new collective product offerings, capabilities and extended geographic footprint. These strengths will enable us to offer expanded product solutions, enhance service platforms and new innovations for our mutual future success."
