Cathay Dupont Award: Cathay Industries Acquires Hoover Color Corporation
shared by arielspooner on Jul 07
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Cathay Industries has agreed to acquire Hoover Color Corporation, Hiwassee, VA, for an undisclosed amount. The transaction is expected to close within the third quarter of 2016, subject to customary c...
losing conditions. “The acquisition of Hoover Color further strengthens our color pigments business as well as enhancing our capabilities,” said Terence Yu, Group CEO, Cathay Industries. “As market leader in natural occurring umbers and unique eco-friendly transparent iron oxides, Hoover Color brings a century of customer focus to the Cathay Industries Group.”
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