Protech-Oxyplast buys Thermoclad

The Protech/Oxyplast Group of Montreal, Canada, has reached an agreement to purchase the thermoplastic powder and liquid coatings businesses of the Thermoclad Company of Erie, Pennsylvania, USA.

Thermoclad is a global leader in the production and marketing of PVC powder coatings for fabricated metals, such as fencing and dishwasher racks. The company also develops environmentally safe paints as well as other thermoplastics such as nylon and co-polyesters.

David Ades, MD of Protech said: "Thermoclad’s leading position in thermoplastics and especially PVC powder coatings, will add a new dimension to our growing powder business. We are excited about the opportunities and synergies, which will be generated.”