Where have all the paint companies gone?

Sika AG (Baar, Switzerland) acquired Iotech Group Ltd. (England), a manufacturer of polyurethane liquid membranes for roofing and waterproofing and parent company of U.S.-based Liquid Plastics Inc. AkzoNobel (Amsterdam, the Netherlands) acquired the 25% minority shareholding from Nippon Paint (Osaka, Japan) in the joint venture company AkzoNobel Nippon Paint Holding B.V. AkzoNobel now has 100% shareholding in the company, allowing a merger of the company and its subsidiaries into the AkzoNobel group. 2008 The Sherwin-Williams Company (Cleveland, OH) closed an agreement to acquire Euronavy-Tintas Maritimas e Industriais S.A. of Portugal. A major international brand used to coat concrete and steel structures, particularly in the petrochemical and power industries, Ceilcote specializes in high-performance, polymer-based corrosion control solutions for both new construction and maintenance projects.