Protech Acquires Lynx Thermoset Coating Ltd.
Protech’s acquisition of Lynx Thermoset Coating provides a quick turnaround custom order facility based in Wester Canada.
The Protech Group has completed the acquisition of Lynx Thermoset Coating Ltd. Photo Credit: GoogleThe Protech Group (Montreal, Quebec, Canada) has announced the acquisition of the thermoset powder coatings business of Lynx Thermoset Coating Ltd. (Calgary, Alberta, Canada). All manufacturing equipment will remain on-site in Calgary and Lynx employees will join the Protech Group. The Lynx facility will serve as a local quick turnaround custom order facility and a warehouse for hundreds of stock colors from 10 other Protech Group production sites in North America.
“The addition of Lynx’s team, industry expertise, and operations strengthen provide a strong platform for growth in Western Canada,” said David Ades, President, Protech Group.
“We strongly believe that being part of the Protech Group will accelerate operational growth by increasing market access through the Protech Group’s existing sales and distribution channels,” added Derek Sheppard, former President of Lynx Thermoset Coating Ltd and now Facility Manager at the Protech Group.
Since the beginning of the COVID-19 pandemic in 2020, the Protech Group has acquired a total three businesses including the thermoset powder coatings business of ACG industries (Gondecourt, France), and the liquid paints business of Excalibur Paints & Coatings Ltd. (Wichita Falls, Texas), and Winslow Browning Inc. (Liberty, Ind.).
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