European Coatings Journal - 15.09.2021 | TOP INDUSTRY MOVE

A STEP TOWARDS DIVERSIFICATION

Owned by private equity firm Advent International since 2013, Allnex has more than doubled the number of employees, production sites and customers in this period and is now considered to be the leading global producer of industrial coating resins. Operating with approx. EUR 2.2 billion in revenue, the company focuses on environmentally friendly technologies such as water-borne industrial resins, powder coating resins, energy curable resins, crosslinking resins and additives for use on a range of substrates. The announcement raised some concerns in the market as this is one of the largest acquisitions by a Thai company in the ...
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