Protech Group acquires Divex Industries
- All Type News
- on Jan 05, 2022
photograph credit score: Protech Group
Protek Group (Liberty, Ind.) has acquired the specialty supplies enterprise Divex Industries (Carbondale, Penn.). The acquisition was accomplished on Thursday 30 December 2021.
Protek Group will search to increase Divex Industries’ market attain inside its current gross sales and distribution channels and to leverage its present and potential clients throughout the coatings business, together with thermoset powders, thermoplastics, liquids and specialty supplies.
Divex Industries is a plastic compound producer for perfume, taste and odor management merchandise. The corporate sells its merchandise globally and says it’s recognized for the manufacturers PolySense and IonicGuard. Polyessence is a proprietary perfume supply know-how that concentrates customized stable fragrances and flavors in dry-to-the-touch plastic palette type. IonicGuard reportedly makes use of energetic odor neutralization with proprietary components that ionically and covalently bind to maloder molecules.
David Edes, President of Protek Group, says, “The acquisition of Divex Industries will allow Protek Group to supply extra worth to our clients by increasing the vary of specialty supplies we provide to our clients and increasing our analysis and improvement capabilities. “
Because the begin of the COVID-19 pandemic, Protech Group has acquired a complete of 4 companies, together with thermoset powder coatings enterprise ACG Industries (Gondecourt, France) and Lynx Thermoset Coating Ltd (Calgary, Alberta, Canada). Liquid Paints enterprise as Excalibur Paints & Coatings Ltd. (Wichita Falls, Texas) and Winslow Browning Inc. (Liberty, Ind.).