More news
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
- Architectural coatings in Nepal and Bhutan
- A wild ride for U.S. construction and housing: Coatings and adhesives opportunities in 202...
- Levant paint industry and market marred by armed conflict and civil turmoil
Leading coatings thickness measurement technology firm, coatmaster AG has announced the acquisition of CoatChecker GmbH, which specialises in non-destructive measurement of sealing layers.
This acquisition combines the technological achievements of both companies into a single portfolio and will drive further innovation in the future. Existing customers of both organisations will now benefit from a broader range of contactless coating thickness measurement technologies.
The global coatings industry is valued at around €100bn annually and can potentially make savings of some 30% in coating materials through enhanced process control featuring coatmaster’s Advanced Thermal Optics (ATO) technology. As well as savings in coating materials, greater personnel efficiency will result, rejects and warranty claims will be reduced and CO2 emissions lowered.
Prof Dr Nils Reinke, Co-Founder & Co-CEO commented: "Customers are at the heart of our strategy for growth and this acquisition will help to ensure the continued strength of both our measuring technology and our position in the marketplace.”