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Thursday, October 25, 2012

In the News: DuPont's Press Release about Sale to Carlyle

Since we sell RAL powders, many of you have been asking about the DPC sale to the Carlyle Group.  The DPC division has nothing to do with Teflon coatings that we distribute and the Industrial Finishing Division will remain a DuPont Division. 

The Carlyle Group has announced that in early 2013, it will purchase the DuPont Performance Coatings (DPC) business. Carlyle is an investment company, not a management company, so each business under the group still make their own decisions based on the interests of their own companies. For the Spies Hecker/Standox brands will keep their names and logos for now, but in the future will no longer have the DuPont name on them. All sales strategies will remain relatively the same after the purchase and customers are being assured that the company will perform better under new ownership.

 Body Shop Business recently sat down with Matt Robertson, North America Sales Director for DuPont Performance Coatings (DPC), to clear up some of these questions.  Click here to read the entire interview.

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