Marine Link
Thursday, September 29, 2016

Wattyl Acquires Wasser High-Tech

September 2, 1999

Wattyl Limited of Sydney, Australia acquired Wasser High-Tech Coatings on July 1, 1999. In its most recent fiscal year, Wattyl achieved sales of $347 million and pre-tax profit of $23.2 million. Wattyl specializes in most aspects of the paint and coating industry including architectural and decorative coatings, industrial maintenance, OEM, marine and automotive refinishing. This acquisition, which strengthens Wasser's ability to both sell and service their growing worldwide business in the offshore markets, also solidifies the company's leadership position in the U.S. Bridge and hydro markets.


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News