igp is continuing its growth strategy in the usa – acquisition ... 14/igp...igp pulvertechnik ag...

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IGP is continuing its growth strategy in the USA – Acquisition of Performance Powders LLC By purchasing the Performance Powder LLC powder coating production company, IGP is strengt- hening its position in the North-American market and improving its access to customers based there. Performance Powder is part of the Marcus Paint family-owned company based in Louisville, Kentucky. The company, which was founded 20 years ago, primarily sells industrial varnish with an annual production volume of several hundred tonnes. The current operation consists of 3 producti- on lines incl. development and quality laboratories. “This acquisition was an important next step in our continued growth as a global powder coatings manufacturer” said Marc Zuellig, CEO of IGP Pulvertechnik AG. “We are also pleased that Dean Edwards has joined the IGP team to head up North American Operations, with over 20 years ex- perience in the US market Dean will help to integrate the Swiss technology and product offerings into our local manufacturing operations.” “There has been a tremendous response from the North American market to the IGP Product Port- folio in the last few years and we’re excited to continue that growth here with the addition of the facility in Louisville, KY” noted Dean Edwards, President of IGP North America, “we will continue to supply the Performance Powders customers from here and be able to offer a new level of ser- vice and support to the growing US IGP customer base”. IGP North America LLC, Louisville, Kentucky, USA

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Page 1: IGP is continuing its growth strategy in the USA – Acquisition ... 14/IGP...IGP Pulvertechnik AG IGP North America LLC Ringstrasse 30 2699 Grassland Dr CH-9500 Wil Louisville, KY

IGP is continuing its growth strategy in the USA –Acquisition of Performance Powders LLC

By purchasing the Performance Powder LLC powder coating production company, IGP is strengt-hening its position in the North-American market and improving its access to customers based there. Performance Powder is part of the Marcus Paint family-owned company based in Louisville, Kentucky. The company, which was founded 20 years ago, primarily sells industrial varnish with an annual production volume of several hundred tonnes. The current operation consists of 3 producti-on lines incl. development and quality laboratories.

“This acquisition was an important next step in our continued growth as a global powder coatings manufacturer” said Marc Zuellig, CEO of IGP Pulvertechnik AG. “We are also pleased that Dean Edwards has joined the IGP team to head up North American Operations, with over 20 years ex-perience in the US market Dean will help to integrate the Swiss technology and product offerings into our local manufacturing operations.”

“There has been a tremendous response from the North American market to the IGP Product Port-folio in the last few years and we’re excited to continue that growth here with the addition of the facility in Louisville, KY” noted Dean Edwards, President of IGP North America, “we will continue to supply the Performance Powders customers from here and be able to offer a new level of ser-vice and support to the growing US IGP customer base”.

IGP North America LLC, Louisville, Kentucky, USA

Page 2: IGP is continuing its growth strategy in the USA – Acquisition ... 14/IGP...IGP Pulvertechnik AG IGP North America LLC Ringstrasse 30 2699 Grassland Dr CH-9500 Wil Louisville, KY

More About IGP Pulvertechnik AG

IGP Pulvertechnik AG, with its main office in Kirchberg in St. Gallen, Switzerland, develops and produces

powder coating systems for surface applications in architecture and industry, as well as for the transport

and wood furniture sectors. 2018 marks the 50th anniversary of the organization which now has manu-

facturing facilities in Switzerland, Poland and North America and distributes through eight subsidiaries to

customers worldwide.

IGP Pulvertechnik AG IGP North America LLCRingstrasse 30 2699 Grassland DrCH-9500 Wil Louisville, KY 40299, USAPhone +41 (0)71 929 81 11 Phone 502 230 9964Fax +41 (0)71 929 81 81 [email protected]@igp-powder.com www.igp-powder.comwww.igp-powder.com