BASF Coatings Division announces continued growth NOF Corporation and BASF Coatings AG have agreed to conduct a feasibility study for joining their entire coatings business in Japan and signed a Letter of Intent hereto. The partners intend to complete the feasibility study by March 2000. NOF and BASF are currently operating two joint ventures in […]
BASF’s Winterman Sees Little Need for BASF to Acquire a Paint Company
Comments on shop, distributor and paint company consolidation as well as the investment deal with the Boyd Group Al Winterman, VP of Refinish for BASF, effectively dispelled rumors that BASF was actively seeking another paint company to merge with or acquire. Though believing consolidation among paint suppliers will continue, Winterman stated, “We’re trying to invest […]
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