Midlands headquartered global coatings specialist Norman Hay plc has acquired SIFCO-Applied Surface Concepts (SIFCO-ASC), a subsidiary of US giant SIFCO Industries, in a deal advised on by the chemicals team of Clearwater International.
SIFCO-ASC, which is based in Cleveland, Ohio, is one of the world’s largest manufacturer and suppliers of process equipment and associated chemicals for selective electroplating and anodizing. It has other operations across the USA and Europe, including the UK, Sweden and France. The company supplies many of the world’s leading aerospace, oil and gas and power generation businesses by helping to improve component performance and reduce manufacturing costs.
Coventry-based Norman Hay is a global chemicals, sealant, surface coatings and engineering specialist that has been trading for more than 60 years. The deal expands its worldwide surface technology business.