M&A Deal Summary

Jamestown Coating Acquires Yenkin-Majestic - Industrial Paint Business

On May 12, 2022, Jamestown Coating acquired chemicals company Yenkin-Majestic - Industrial Paint Business from Yenkin-Majestic

Acquisition Highlights
  • This is Jamestown Coating’s 1st transaction in the Chemicals sector.
  • This is Jamestown Coating’s 1st transaction in the United States.
  • This is Jamestown Coating’s 1st transaction in Ohio.

M&A Deal Summary

Date 2022-05-12
Target Yenkin-Majestic - Industrial Paint Business
Sector Chemicals
Buyer(s) Jamestown Coating
Sellers(s) Yenkin-Majestic
Deal Type Divestiture

Target

Yenkin-Majestic - Industrial Paint Business

Columbus, Ohio, United States
Yenkin-Majestic's Industrial Paint Business produces coatings for the OEM market.

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Buyer(S) 1

Buyer

Jamestown Coating

Jamestown, Pennsylvania, United States

Category Company
Founded 1885
Sector Chemicals
DESCRIPTION

Jamestown Coating is a manufacturer of consumer packaging coatings and industrial paints and coatings. Serving Original Equipment Manufacturers and Packaging Converters across the globe and producing coatings that minimize waste, improve throughput, offer superior corrosion protection, and reduce energy consumption. Jamestown Coating was founded in 1885 and is based in Jamestown, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Yenkin-Majestic

Columbus, Ohio, United States

Category Company
Founded 1920
Sector Chemicals
DESCRIPTION

Yenkin-Majestic is a provider of coatings resins and is the owner of OPC Polymers, which serves the paint industry through continuous innovation in its broad portfolio of alkyd, copolymer, and specialty resins. Yenkin-Majestic was founded in 1920 and is based in Columbus, Ohio.


DEAL STATS #
Overall 2 of 2
Sector (Chemicals) 2 of 2
Type (Divestiture) 2 of 2
State (Ohio) 2 of 2
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 Yenkin-Majestic - Consumer Paint Business

Columbus, Ohio, United States

Yenkin-Majestic's Consumer Paint Business provides consumer paint, producing architectural coatings for home, agricultural, and specialty applications.

Sell -