M&A Deal Summary

New Nautical Coatings Acquires Flexabar - Flexdel & Aquagard Brands

On November 4, 2019, New Nautical Coatings acquired chemicals company Flexabar - Flexdel & Aquagard Brands from Flexabar

Acquisition Highlights
  • This is New Nautical Coatings’ 1st transaction in the Chemicals sector.
  • This is New Nautical Coatings’ 1st transaction in the United States.
  • This is New Nautical Coatings’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2019-11-04
Target Flexabar - Flexdel & Aquagard Brands
Sector Chemicals
Buyer(s) New Nautical Coatings
Sellers(s) Flexabar
Deal Type Divestiture

Target

Flexabar - Flexdel & Aquagard Brands

Lakewood, New Jersey, United States
Flexabar Corp.'s Flexdel & Aquagard Brands provides hull coatings for the pleasure craft and commercial marine markets.

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Buyer(S) 1

Buyer

New Nautical Coatings

Clearwater, Florida, United States

Category Company
Founded 1978
Sector Chemicals
DESCRIPTION

New Nautical Coatings, Inc. provides a wide array of application-specific marine coating products that include the Sea Hawk, Blue Water Marine, and Hawk Epoxy branded antifouling systems, primers, solvents, and resins. New Nautical Coatings, Inc. is based in Clearwater, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Flexabar

Lakewood, New Jersey, United States

Category Company
Sector Chemicals
DESCRIPTION

Flexabar Corp. is a manufacturer of coatings and compounds. Flexabar Corp. is based in Lakewood, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1