Durability + Design
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site


D+D News

Main News Page

Valentus Buys Wood Finishes Firm

Wednesday, April 27, 2016

More items for Coatings Technology

Comment | More

Valentus Specialty Chemicals Inc. has announced it has acquired a Tennessee-based manufacturer of wood flooring finishes and related products.

Precision Technology LLC, headquartered in Memphis, develops a full range of floor finishes, stains, sealers, wood fillers and maintenance products for the wood flooring industry.


Precision Technology LLC will move its manufacturing operations from Memphis to North Brunswick, NJ.

The company distributes products throughout North America. Brands include Swedish Finish and Swedish Crown coatings.

Terms of the deal were not disclosed.

Second Coatings Deal

The acquisition marks the second investment for Valentus in five months. The company acquired North Brunswick, NJ-based National Paint Industries in December 2015.

NPI manufactures high-performance specialty coatings used in residential and commercial flooring, industrial protective maintenance, pool, marine and other applications.

Under the terms of the recent acquisition, Precision Technology will move its operations to NPI’s New Jersey facility.

"The NPI team has known Precision for a long time and has always thought highly of the business,” according to Valentus CEO Ray Chlodley. “We are excited to add these products to the Valentus lineup as we look to expand our presence in the floor coatings market.”

Valentus is a platform of Detroit-based Huron Capitol Partners private equity firm. The business is actively looking for additional complementary coatings companies to grow its platform, Chlodley added.


Tagged categories: Acquisitions; Business matters; Coatings manufacturers; Mergers; Wood coatings

Comment Join the Conversation:

Sign in to our community to add your comments.


Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com

The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker


© Copyright 2012-2018, Technology Publishing Co., All rights reserved