In an emailed press release, Sheboygan Paint Company (Sheboygan, Wisconsin, USA) announced the acquisition of Bradley Coatings Group (Southfield, Michigan, USA) from United Paint & Chemical Corporation.
Founded in 1921, Sheboygan Paint Company is a family-owned manufacturer of liquid industrial coatings. Bradley Coatings Group, founded in 1946 and acquired by United Paint & Chemical Corporation in 2017, supplies 100+ customers with coatings throughout North America for diverse end-use applications in the transportation and general industrial metal segments.
The acquisition became effective on July 24, 2024. Financial terms of the transaction were not disclosed.
“Bradley Coatings is an excellent fit and will complement our comprehensive product offering, giving our customers more choices across water, solvent and radiation cure technologies,” says Paul Krueger, president and CEO of Sheboygan Paint Company. “Bradley’s focus and growth in the transportation sector fits well with our strategic vision. They have grown and maintained a loyal customer base with exceptional customer service and highly customized formulations. We look forward to continuing to build on those relationships with an expanded product portfolio from the combined companies.”
“On behalf of the family and Board of Directors, we believe that Bradley Coatings is an excellent addition to the business and another example of our commitment to the ongoing legacy of Sheboygan Paint Company,” says Jay Brownrigg, Chairman of the Board.
“Following seven years of successful reinvestment and growth, United Paint & Chemical Corporation came to the conclusion that Bradley Coatings customers required a broader product portfolio and wider demographic reach. This combination has been found in Sheboygan Paint Company,” says Geoff Piceu, owner United Paint & Chemical Corporation. “Sheboygan Paint Company’s dedication to personal service and new technology, along with the flexibility and values of a family-held business, will ensure Bradley Coatings is able to reach new heights. After an orderly transition of manufacturing, this divestiture will allow United Paint to focus its effort and resources exclusively on coatings for thermoplastic substrates.”
Sheboygan Paint Company and Bradley Coatings will partner to ensure a successful transition for customers in the coming months, with production being absorbed into Sheboygan Paint Company’s facilities in Wisconsin and Georgia.