Kansai Helios completes acquisition of CWS Lackfabrik
Kansai Helios has completed the acquisition of CWS Lackfabrik GmbH (“CWS”). The transaction was announced at the end of November 2022. The transaction is expected to strengthen the Group’s system supplier strategy. According to the company, it is in line with the company’s ESG and growth strategy and represents a “a perfect complement and extension of company competences, in powder coatings and synthetic resins as well as the existing liquid coating business”.
150 years of tradition
With the closing, Kansai Helios becomes the new owner of CWS Lackfabrik and its group companies in Germany, USA, Denmark and Poland. CWS is a manufacturer of powder coatings and liquid as well as solid synthetic resins producer, with more than 150 years of tradition and has its headquarters in Düren (Germany) with around 250 employees.