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AZZ Inc reports purchase of Enhanced Powder Coating Ltd to include powder coating, plating and anodizing services.

M2 EQUITYBITES-July 3, 2017-AZZ Inc reports purchase of Enhanced Powder Coating Ltd to include powder coating, plating and anodizing services

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Welding solutions company AZZ Inc (NYSE:AZZ) reported on Friday the completion of the acquisition of the assets of Enhanced Powder Coating Ltd (EPC) for an undisclosed amount.

Based in Gainesville, Texas, EPC is a privately held, high specification, NADCAP certified provider of powder coating, plating and anodizing services

Founded in 2003, EPC offers a full spectrum of finish technology including powder coating, abrasive blasting and plating for heavy industrial, transportation, aerospace and light commercial industries.

In conjunction with the acquisition, AZZ anticipates the acquisition of EPC will be accretive to earnings within the first year of operation.

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Publication:M2 EquityBites (EQB)
Date:Jul 3, 2017
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