German Company Acquires Manufacturer of Inorganic-Hybrid Coatings
The Castolin Eutectic Group, a division of the Messer Eutectic Castolin GmbH Holding with headquarters in Bad Soden, Germany, acquired Furnace Mineral Products (FMP). Toronto-based FMP specializes in the research, development, manufacture and field application of inorganic-hybrid coatings.
Inorganic-hybrid coatings are used mainly in the power generation industry, but they are also applicable across industries where wear- or corrosion-protection solutions are required. The acquisition of FMP strengthens Castolin Eutectic Group’s ability to provide a range of protective coating solutions for industrial applications.