Mergers/Acquisitions

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Graco Inc. recently announced it has closed on its $650 million acquisition of the Illinois Tool Works Inc. finishing businesses.

RPM International Inc. recently announced that its Rust-Oleum Group has acquired HiChem Paint Technologies Pty. Ltd.

Huber Specialty Hydrates LLC, a subsidiary of J.M. Huber Corp., recently announced it has acquired the specialty hydrate flame retardant business of Almatis Inc.

Spinnaker Coating LLC, a manufacturer of adhesive coated papers and films, recently announced that it has acquired from Avery Dennison Corp. a license to produce and sell the Crack n’ Peel and FasTrack brands in the U.S. and Canada.

H.B. Fuller Co. recently announced it has completed the acquisition of the global industrial adhesives business of Forbo Group.

ExxonMobil and TonenGeneral Sekiyu K.K announced they have entered into an agreement that will result in the restructuring of ExxonMobil’s holdings in Japan.

Eastman Chemical Co. and Solutia Inc. recently announced that they have entered into a definitive agreement under which Eastman will acquire Solutia.

PPG Industries recently announced that it and its subsidiary, PPG Industries Colombia, have completed the acquisition of the coatings businesses of Colpisa Colombiana de Pinturas and its affiliates, including Colpisa Ecuador.

Plasticolors Inc. recently announced it has completed its acquisition of Milliken Design Inc.’s non-urethane pigment dispersion product lines.

AkzoNobel recently announced that it plans to buy the remaining shares of Metlac, an Italy-based packaging coatings producer.