PF Blog

Chicago's Acme Finishing Sold To Acuity Capital Partners

21. September 2015



Acme Finishing Company in Chicago has been acquired by Acuity Capital Partners, a Chicago-area private investment firm. Terms of the transaction were not disclosed by Corporate Finance Associates Chicago, a leading mergers and acquisitions advisor for privately-held, middle-market businesses that was the exclusive advisor to Acme and Acuity.


Founded in 1932 by William Walters, Acme has been providing high quality coating solutions for three generations. Acme is a provider of powder coating, liquid coating, and decorative powder coating to customers competing in the lighting, automotive, fencing, and medical industries among others. They are headquartered in Elk Grove Village, Illinois.


The Chicago office of CFA acted as the sole advisor to Acme, which included M&A advisory services and financial expertise throughout the entire phase of the sale process. The transaction was completed August 3. The deal was led by Bob Contaldo, Managing Partner of CFA.


In 2012, CFA represented DeWayne's Quality Metal Coatings, Inc., a Lexington, Tennessee based provider of zinc electroplating and e-coating to customers in the automotive, heavy equipment, heavy truck, and appliance industries, in the management recapitalization by Acuity.


"Both of these businesses have long track records of providing high quality services to customers ranging from Fortune 500 businesses to small manufacturing houses.  CFA did a great job of finding these businesses and managing the respective sale processes," said G.R. Kearney, partner of Acuity.

Columbia Chemical Names Jeff Boehmer As Technical Support Manager

17. September 2015

Jeff Boehmer has joined Columbia Chemical.



Columbia Chemical has named Jeff Boehmer as Technical Support Manager. Boehmer brings 16 years of plating industry experience to the Columbia Chemical  team.  He will play a key role in the support and expansion of customers using functional processes,  as well as those using the new NiCOL and TriCOL decorative plating processes recently released by the company.


Boehmer is a member of the National Association of Metal Finishers, and has earned the designation of CEF/Certified Electroplater-Finisher.  He holds a B.S. in chemistry from Mount Union University.


Columbia Chemical is one of the world’s largest manufacturers of surface finishing additives.  For more information, contact Columbia Chemical at 330-225-3200, or visit  

ADF International's Paint Shop Earns Top Certification

16. September 2015



Great Falls, Montana-based ADF International's paint plant has earned QP3 certification for its industrial coating applications from the Society for Protective Coatings.


The requirements for SSPC QP3 are similar to those for SSPC QP1, except they are specifically focused on shop coating operations. SSPC QP3 is a nationally recognized program that evaluates the practices of shop painting facilities in key areas of business. These standards are considered to be the minimum level of service and quality for today's coatings industry. The complex nature of coating systems, the specific conditions and surface preparation required by these systems, have made the QP 3 guidelines vital to the longevity of protective coatings applied in the shop.


Sitting next to ADF Group’s larger steel fabrication plant, the paint plant opened for business in January and now has around 56 employees, while the rest of the growing Great Falls operations employs about 165 workers.

AAMA Updates Requirements for Coatings on Steel Hardware Components in Window, Doors

14. September 2015



The American Architectural Manufacturers Association (AAMA) has updated and released a document specifying requirements for corrosion resistant coatings on carbon steels used for hardware components in window, door and skylight applications.


The document was previously updated in 2012. According to Jeff Dorsch (AmesburyTruth), Chair of the AAMA 907 Update Task Group, Voluntary Specification for Corrosion Resistant Coatings on Carbon Steel Components Used in Windows Doors and Skylights was recently updated with a new test report section, and a clarified scope.


“The AAMA 907 standard for acceptable coatings for mild steel components and assemblies was re-worked to become more performance based and less prescriptive,” says Dorsch. “In addition, specific references to cadmium plating were removed due to the material’s inclusion on many of the green industry’s red lists. A manufacturer can utilize any number of plating or material options as long as the results after neutral salt spray testing are in accordance with the 907-15 standard.”


The requirements in AAMA 907-15 are functional and are not intended to address aesthetics. Due to the diversity of corrosive environments that windows and doors are exposed to, this specification does not imply a specific service life. Fasteners are not included in the scope of this specification. AAMA 907-15, as well as other AAMA documents, may be purchased from AAMA’s Publication Store.


More information about AAMA and its activities can be found via the AAMA Media Relations page or on the AAMA website,

PPG to acquire remaining interest in Chemfil Canada

9. September 2015



PPG Industries has reached an agreement with Chemfil Canada Ltd. to purchase the remaining interest of Chemfil, a joint venture between PPG and Madinal Enterprises. 


The acquisition is scheduled to be completed in the third quarter, and the final deadline is still subject to the customary closing conditions of such agreements. The companies did not reveal the financial terms of the acquisition. 

Chemfil Canada manufactures pretreatment products and general industrial chemicals. The products are used by automotive OEMs and industrial customers based in Canada. 

The transaction will improve the pretreatment presence and capabilities of PPG within Canada. All of Chemfil’s services and products that are included in the acquisition will be listed under PPG’s name. 

When the acquisition is complete, one of Madinal Enterprises’ affiliates will have ownership of the Windsore production facility, as well as specific non-pretreatment business and product lines. These products will retain the Chemfil name. 

“Acquiring the pretreatment business of Chemfil Canada will enable PPG to further strengthen its pretreatment offerings and services in this area for global automotive OEM and industrial customers,” Cindy Niekamp, PPG's senior vice president for automotive coatings, says. “PPG looks forward to enhancing supply capabilities for Chemfil customers and providing them with access to PPG’s full portfolio of coatings products.”

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