“This acquisition offers us the regional focus we desire and significantly strengthens our presence in the Northeast U.S. in the CASE market,” said Frank Bergonzi, CEO of KODA Distribution Group.
Bayer MaterialScience LLC has agreed to sell its global powder polyester resins business and its U.S.-based liquid polyester resins merchant business to Stepan Co.
PPG Industries recently announced it has reached a definitive agreement to acquire certain assets of Deft Inc., a privately owned specialty coatings company based in Irvine, Calif.