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Article: Chase Corporation Acquires Concoat Holdings Limited.
- Article from:
- Business Wire
- Article date:
- October 17, 2005
CopyrightCOPYRIGHT 2005 Business Wire. 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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BRIDGEWATER, Mass. -- Chase Corporation (ASE:CCF) of Bridgewater, Massachusetts, USA has acquired all of the capital of Concoat Holdings Limited and its subsidiaries of Camberley, Surrey, England for approximately US $9,000,000 (GBP 5,000,000). The deal does not include the equipment portion of the Concoat business known as Concoat Systems which was spun off prior to Chase's acquisition. E[acute accent]Concoat has been an agent, distributor and manufacturing licensee of Chase Corporation's HumiSeal product line for nearly 25 years. This acquisition will strengthen the HumiSeal/Concoat conformal coatings business and serves as a foundation for Chase Corporation in Europe. ...