SK Capital Acquires Canlak and Valentus Specialty Chemicals to Form Canlak Coatings
May 27, 2021
Funds advised by SK Capital Partners have acquired Canadian coatings maker Canlak Inc. and U.S.-based Valentus Specialty Chemicals and will merge the businesses to form Canlak Coatings, headquartered in North Brunswick, New Jersey. The combined company will offer a broad wood coatings portfolio (including lacquers, waterborne, UV-cured and polyurethanes) for flooring, cabinet and furniture manufacturers; Normand Guindon will serve as Executive Chairman and Robert Jamieson was named President & CEO.
- Buyers
- SK Capital Partners (funds advised by SK Capital)
- Targets
- Canlak Inc., Valentus Specialty Chemicals
- Industry
- Manufacturing
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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