Canadian Finishing and Coatings Manufacturing

 

January 4, 2024

  

CFCM Acquisition 400

Lintech International, LLC, a US distributor of specialty chemicals and minerals, recently announced the acquisition of Andicor Specialty Chemicals Corporation, a Canadian specialty chemicals company.
The acquisition creates a new company, Lintech International Canada Ltd, DBA Andicor Specialty Chemicals. The partnership positions the two sister companies for long-term growth against the backdrop of an evolving chemical industry landscape.

Headquartered in Mississauga, Ont., Andicor was founded in December 2002 and primarily serves customers in the adhesives; sealants and elastomers; coatings and inks; composites; plastics; rubber; consumer care; and industrial specialty markets.

The acquisition of Andicor is a transformational opportunity for both companies. The partnership also creates unique complexity reduction opportunities for both suppliers and customers.
“The combination of each company’s market participation presents an enhanced solution for chemical producers looking for regional excellence,” said Julie Hinson-Van Brunt, Lintech president and CEO. “The new family of companies will create opportunities for growth by combining expertise derived from shared experiences within our respective regions.”

“We have built a great company that has driven strong growth. This is a win/win and positions each company for greater flexibility in dealing with a more complex competitive landscape within the customer and distribution networks,” said John Roeleveld, president of Andicor Specialty Chemicals Corporation. “This is one of those rare situations where the complementary strengths of two companies in different regions creates an opportunity to make one plus one equal three.”

Roeleveld will become president of the sister company, Lintech International Canada Ltd, DBA Andicor Specialty Chemicals.

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