NTI Nanofilm has acquired the Europcoating Group in Germany to enhance its presence and capabilities in the European coatings market.
Information on the Target
Nanofilm Technologies International Limited (NTI Nanofilm), headquartered in Singapore and publicly traded on the Singapore Exchange (SGX: MZH), is a prominent provider of nanotechnology solutions. The company specializes in advanced technology that creates innovative products with numerous applications across various industries.
In this recent transaction, NTI Nanofilm has acquired all shares of EC Europ Coating GmbH, located in Hohenlockstedt, and MC Europ Coating GmbH in Tuttlingen, collectively known as the Europcoating Group. This group is recognized for its expertise in providing advanced thin-film coatings primarily aimed at the luxury and high-end decorative sectors, along with applications in consumer goods and medical markets throughout Europe.
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Industry Overview in Germany
The German coatings industry is one of Europe's largest and most diverse, characterized by a steady demand across various markets, including automotive, industrial, a
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