Kansai Helios takes over Weilburger industrial coatings

On February 9, 2024, Kansai Helios signed a share purchase agreement with Grebe Holding in Weilburg, Germany, to acquire the entire industrial coatings business (Weilburger Coatings). Weilburger Coatings consists of 100 percent of Weilburger Coatings GmbH in Weilburg, Germany, and 100 percent of Weilburger Asia Limited in Hong Kong, China, which will become part of Kansai Helios once the closing conditions have been met. Weilburger Coatings was founded in 1900 at its current headquarters in Weilburg and has group companies in Germany, Italy, France, Turkey, the USA, Brazil, India and China. According to the company, this consolidation is an important step towards further strengthening Kansai Helios' market position in various segments of industrial coating and expanding its geographical presence internationally. As part of Kansai Paint, Kansai Helios is one of the major global market players. The group has a history and tradition of over 170 years and today develops, produces and distributes industrial coating solutions, chemicals for bleaching and cleaning, materials for bonding and sealing, high-quality resins, architectural paints and refinishes throughout Europe and beyond.

The industrial coatings sector with all its sub-segments is an important pillar of Kansai Helios. With the acquisition of Weilburger Coatings, Kansai Helios can significantly expand its strategic position as a system provider and manufacturer of industrial coatings. Bastian Krauss, Executive Vice President and Executive Director of the Kansai Helios Group, explains: "This strategic move demonstrates our commitment to innovation and growth and represents the alignment of shared values and commitment to excellence. The acquisition of Weilburger Coatings brings with it extensive know-how, expanded production capabilities and a team of experts that will further strengthen our position as an industry leader. In addition, the integration gives us access to an expanded network of distribution channels and opens up new routes to customers. This milestone underscores our commitment to delivering exceptional value to our stakeholders and marks an important step on our path to sustainable growth and success." The Managing Director of Weilburger Coatings, Mr. Frank Gläser, explains: "The future affiliation with Kansai Helios is a perfect strategic fit for the Weilburger companies. With a long and successful growth history of more than 120 years and a high reputation as an innovative and trusted coating provider around the globe, this decision offers an exciting synergy effect while maintaining our identity. We are excited and confident that we have made the right and sustainable decision for continued success. Joining forces with a large group of companies will accelerate our growth objectives and provide even greater value to our customers.