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May 17, 2007 9:00 AM CDT

SEI Chemical Buys 21st Century Coatings Canada

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SEI Chemical of Northridge, Calif., announced the purchase of 21st Century Coatings Ltd. of Vancouver, British Columbia, Canada. According to company sources, the buyout is effective immediately.

The significance of the buyout is that it enables customers in more markets worldwide to access a range of leading-edge coating, additive and specialty cleaning technologies, from a single source. Most notably are the two firms' diverse lines of high-end industrial coatings that utilize fluorinated and unique silicone resins systems that are proven in the fields of anti-corrosion, anti-microbiological, anti-graffiti, anti-stick, marine and high-heat applications. Depending on the product line, company offerings are sold into both consumer and industrial markets.

The purchase price was not disclosed, although SEI did announce that 21st Century will continue in the immediate future, operating under the same name and with its current sales outlets. It is expected that, in due course, sales personnel from both companies will sell a unified product line under the SEI brand.


About the Author

SEI Chemical is a global leader in mold and mildew removal and protection, Corrosion removal and protection and Graffiti removal and protection. Learn more about SEI Chemical and its products at www.seichemical.com.

 

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