PPG Industries acquired Capital Alliance Corp. client Vanex, Inc., of Mount Vernon, Ill. Founded in 1964, Vanex developed and manufactured water-based industrial coatings, marketed under the trade names Plascron® and Breakthrough®. The company’s coating products are used on metal, plastic and wood in the structural steel, building systems, construction and fabricated metals industries. Vanex shareholders...
The Selling Company: Modernfold, Inc. designs, manufactures, and sells moveable wall systems typically used in hotels, convention centers, and other commercial buildings. With a 75-year history, this company is the second largest manufacturer in the world of such products with annual sales exceeding $40 million per year. Why the company was sold: The company’s primary...
The Selling Company: ETMA is a contract electronics manufacturer for OEM customers in the computer/server, medical monitoring and internet security industries. ETMA operates six surface-mount manufacturing lines and automated printed circuit assembly lines, provides engineering support, systems integration and box build, and turnkey packaging and fulfillment services. Why the company was sold: The two shareholders...
