Coatings World staff01.07.21
StanChem Polymers announced that its wholly-owned subsidiary, Albi Protective Coatings, completed the acquisition of Dux Paint and its sister companies, Hawthorne Coating and Hood Products.
Based in Lodi, NJ, Dux offers a differentiated and comprehensive portfolio of industrial protective coating solutions for refinish, wood, automotive and direct-to-metal applications.
Dux enhances Albi Protective Coatings' technical capabilities and expands Albi's intumescent and fire-retardant product lines into the broader industrial protective coatings market. Dux and its existing management team will continue to operate and serve its customer base from its Lodi facility.
"Our combined product offering, and brand recognition, will enhance our abilities to serve our customers who rely on us for their most challenging applications, and to accelerate growth in key markets and applications," said Howard Goldstein, former owner of Dux and new member of the Albi Protective Coatings senior leadership team.
"We... look forward to working with the Dux team in New Jersey to accomplish our vision of being a leading supplier of protective coatings for the most technically challenging field applied or OEM applications," added Paul Stenson, president and CEO of StanChem Polymers and Albi Protective Coatings.
