The ChemQuest Group recently announced its acquisition of Powder Coating Research Group (PCR Group), a Columbus, Ohio-based independent formulation, testing, and development resource used by the powder coating industry. PCR Group brings powder coating formulation expertise and a third laboratory to ChemQuest, in addition to liquid formulations and application and molecular architecture.
“It is my pleasure to announce the acquisition of PCR Group, an organization I have admired for many years,” said Dan Murad, ChemQuest CEO. “Kevin Biller and his team are consummate professionals. Both are innovative organizations with deep knowledge of history and a strong view of the future. We parallel each other in our approach to clients and delivering on our promises. These are synergies people say they want but rarely get in a merger or acquisition.”
According to Kevin Biller, PCR Group founder and CEO, “We are looking forward to capitalizing on the synergies between the two organizations. By combining ChemQuest’s extraordinary market reach and CQTI’s world class application facilities with PCR Group’s vast experience and industry presence, we foresee an amazing future."