Michelman buys Fischer Pro Inc

Michelman has acquired Fischer Pro, Inc. of Keokuk, Iowa. Fischer Pro is a manufacturer of non-skid coating products for corrugated cartons, tier sheets and multi-wall bags. The acquisition includes the manufacturing operation located in Keokuk, all intellectual property and sales.

According to Cindy Padilla, Michelman's CFO, "Fischer Pro has an excellent reputation in the market for quality and customer service, and is extremely well managed. This acquisition will allow us to deliver even greater value to our customers of non-skid coatings." Adds Don Wiseman, VP Global Operations, "The acquired technology includes an efficient process for manufacturing colloidal silica dispersions of specified particle size, which may hold significant potential in other applications."

Mr. Brad Fekete, president at Fischer Pro, has joined the Michelman team as manager. Fekete's primary responsibility is to ensure that all Fischer Pro customers continue to enjoy the same high level of service to which they're accustomed. He will also support sales of related Michelman specialty paper coating products in North America.

Michelman is a global manufacturer of performance-enhancing barrier, functional, and decorative coatings for flexible film packaging, paperboard, and corrugated boxes; and additives and modifiers for dozens of industries including coatings, inks, composites, and construction products.

Source : Michelman

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Michelman buys Fischer Pro Inc

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