Industry

ECKART and Runaya Partner to Build Sustainable Aluminum Powder Facility in India

ECKART, a manufacturer in the effect pigment market, has entered into a joint venture agreement with Runaya, a manufacturer focusing on sustainability, to establish a facility in Orissa, India for production of spherical atomized aluminum granules. The granules serve applications in aerospace, solar panels and high value effect pigments. The companies have also signed a Memorandum of Understanding to manufacture high quality aluminum pigments. Read More…

Graco Acquires Italy-based Corob

Minneapolis-based Graco Inc. announced a definitive agreement to acquire Corob S.p.A. (“Corob”) for €230 million, subject to customary adjustments, with up to €30 million in additional contingent consideration. The transaction is expected to close in Graco’s fiscal fourth quarter pending customary closing conditions. Corob reported revenue of €110 million in 2023. Read More…