INX Group Completes Acquisition Forming INX International Coatings and Adhesives
Deal News | Nov 06, 2024 | EIN
INX Group Limited, a wholly owned subsidiary of Sakata INX, has completed the acquisition of Coatings & Adhesives Corporation (C&A), a prominent entity in the North American coatings industry. This acquisition culminates in the formation of INX International Coatings and Adhesives, which will operate alongside INX International Ink Co., under one management, offering comprehensive ink and coating solutions tailored to the packaging market. The expertise and resources of both organizations create a strategic opportunity for further growth, fostering industry innovation with a focus on quality, customer satisfaction, and enhanced operational efficiencies. Leaders Bryce Kristo and Rick Pasin emphasize their unified commitment to industry excellence, setting new benchmarks while planning significant post-merger initiatives.
Sectors
- Coatings Industry
- Packaging Industry
Geography
- North America – Coatings & Adhesives Corporation is recognized as a leading player within the North American market, which is the primary geographical focus of this acquisition.
Industry
- Coatings Industry – The article discusses the acquisition and subsequent merger of companies within the coatings industry, focusing on their impact on packaging solutions.
- Packaging Industry – The involved companies aim to offer enhanced ink and coating solutions specifically tailored for the packaging market, indicating a strong presence and influence in this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| INX Group Limited | Acquirer | Company | A wholly owned subsidiary of Sakata INX, involved in the acquisition of Coatings & Adhesives Corporation. |
| Sakata INX | Parent Company | Company | The parent company of INX Group Limited, providing backing and strategic direction for the acquisition. |
| Coatings & Adhesives Corporation | Target Company | Company | A prominent entity in the North American coatings industry, known for its specialty products. |
| INX International Ink Co. | Associated Company | Company | A sister company to the newly formed INX International Coatings and Adhesives. |
| Bryce Kristo | President & CEO | Person | President & CEO of INX International, leading the post-acquisition strategy. |
| Rick Pasin | Owner and President | Person | Owner and President of Coatings & Adhesives Corporation, offering insights into the partnership's strategic vision. |