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Article: Quest specialty chemicals acquires Raabe Corporation.(Fresh Paint)(Quest Specialty Chemicals Inc.)(Brief Article)
- Article from:
- Coatings World
- Article date:
- January 1, 2005
CopyrightCOPYRIGHT 2005 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As part of its strategy to expand in the coatings market, Quest Specialty Chemicals has acquired Raabe Corporation, the Menomonee Falls, WI manufacturer of custom-matched branded touch-up paint and private label aerosol paint filler.
Quest is partnering in the accord with Huron Capital Partners, a private equity firm.
Raabe's products consist of ready-to-apply paints that closely match original equipment coatings and are used to repair the surfaces of industrial and commercial products.
David Wacker will continue to serve as president of Raabe, according to Frederick A. Quinn, Quest's CEO.
"Partnering with Quest is consistent with our ...