Deal typeM&A
IndustryChemicals
Client nameKelCoatings Ltd.
Cloverdale Paint has acquired KelCoatings Ltd. (“KelCoatings”) in an all-cash transaction completed in May 2021.
BDO Canada acted as an affiliated financial advisor to KelCoatings alongside Geneva Canada, assisting the company’s shareholder through the entire divestiture process.
KelCoatings is a supplier of coil coatings for customers in the U.S. and Canada. In business for over 50 years, the company has established a reputation for crafting specialty coatings to suit the individual needs of its customers.