M&A Deal Summary

Canlak Acquires Ceramic Industrial Coatings

On May 8, 2023, Canlak acquired chemicals company Ceramic Industrial Coatings

Acquisition Highlights
  • This is Canlak’s 1st transaction in the Chemicals sector.
  • This is Canlak’s 1st transaction in the United States.
  • This is Canlak’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2023-05-08
Target Ceramic Industrial Coatings
Sector Chemicals
Buyer(s) Canlak
Deal Type Add-on Acquisition
Advisor(s) Northborne Partners LLC (Financial)

Target

Ceramic Industrial Coatings

Osseo, Minnesota, United States
Ceramic Industrial Coatings is a manufacturer of proprietary wood coating systems and related CASE (coatings, adhesives, sealants and elastomers) products. The company also provides comprehensive, full-scale production capabilities for related CASE products. Ceramic Industrial Coatings is based in Osseo, Minnesota.

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Buyer(S) 1

Buyer

Canlak

Daveluyville, Quebec, Canada
Category Company
Founded 1981
Sector Chemicals
DESCRIPTION

Canlak is a manufacturer of specialty chemicals. Canlak was founded in 1981 and is based in Daveluyville, Quebec.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

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