The merger of polyurea-based product technology group VersaFlex, Inc. (Kansas City, Missouri, USA) and epoxy linings provider Raven Lining Systems (Broken Arrow, Oklahoma, USA) in the specialty coatings industry aims to allow the new company to expand and build upon combined expertise in polyurea, polyurethane, epoxy, and cementitious technologies to better serve global customers.
A key, shared value of both groups is a commitment to work closely with best-in-class coating applicators dedicated to high-quality standards. To that end, the merged company’s plan is to combine VersaFlex’s Polyurea University with Raven’s Certified Applicator Program to develop an industry-leading training and technical support program.
“This is a strategic merger of brands, leadership, products, and service, which will result in a stronger combined company to meet the specialty protective lining and rehabilitation challenges ahead,” says Joe Haydu, president of VersaFlex.
The merger was effective January 1, 2018, and the companies say they plan to integrate the Broken Arrow facility into the Kansas City facility by the end of 2018.
“When an opportunity arises to join forces with another industry leader, you have to take advantage,” says Rob Pawlak, president of Raven Lining Systems.
Source: VersaFlex, www.versaflex.com.