The Protech Group Acquires MF Paints Inc.
October 7, 2023
Montreal-based The Protech Group has acquired 100% of MF Paints Inc., a Laval, Quebec manufacturer and distributor of architectural paints and stains, with the transaction effective October 7, 2023. Protech said it will leverage its purchasing, technical and manufacturing capabilities to expand MF Paints' product offerings and strengthen its presence in the Canadian retail and commercial building paints market; the Morello family and MF Paints shareholders sold the company.
- Buyers
- The Protech Group
- Targets
- MF Paints Inc.
- Sellers
- Morello family, MF Paints shareholders
- Industry
- Building Products
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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