MOSCOW (MRC) -- The Australian PU systems supplier Era Polymers has acquired Urethane Coatings Pty Ltd. in Brookvale, NSW, Australia, strengthening its Floor Coatings Business, according to the company's press release.
Financial details were not disclosed.
Urethane Coatings' portfolio includes coatings and ancillary products suitable for all species of timber, parquetry, cork, and concrete. The company also offers the development of unique products for special requirements.
Mark Webb has been appointed as the National Coatings Manager for Urethane Coatings and Era Polymers.
We remind that in late 2012, Amcor, Australian-based multinational packaging company, signed a deal to sell three plants for the production of flexible packaging to Australia's Integrated Packaging. The transaction amounts to 22 million Australian dollars, as MRC wrote previously.
Era Polymers is an Australian owned and operated Company specialising in the field of polyurethane chemistry. The company was started in April 1986. Since then it has grown to become the largest polyurethane systems house in Australia. It operates SIX divisions: Elastomers, Foams, Coatings, Machinery, Trading, Toll Manufacturing.
MRC