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ChemQuest, a global business strategy and external technology development firm with focus and expertise specific to the speciality chemicals markets, has announced the acquisition of Powder Coating Research Group, the leading independent formulation, testing, and development resource used by the powder coating industry, based in Columbus, OH, founded and led by Kevin Biller, aka "Joe Powder”TM.
PCR Group brings powder coating formulation expertise and a third laboratory to ChemQuest, in addition to liquid formulations and application, and molecular architecture. Their vision to be a comprehensive resource for all things related to powder coating technology aligns with that of ChemQuest, and their years of experience enhance our capabilities.
"It is my pleasure to announce the acquisition of PCR Group, an organisation I have admired for many years. Kevin Biller and his team are consummate professionals. Both are innovative organisations 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,” stated ChemQuest CEO Dan Murad.
PCR Group has the ability to create novel powder coatings that can now be applied at the ChemQuest Technology Institute in a replicate manufacturing environment. Founder and CEO Kevin Biller declared: "We are looking forward to capitalising on the synergies between the two organisations. 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."