Quaker Houghton Acquires Norman Hay
This deal expands their global footprint in specialty chemicals, operating equipment, and services to industrial end markets.
Posted: September 20, 2019
Quaker Houghton (Conshohocken, PA) is acquiring the operating divisions of Norman Hay plc (Coventry, UK), a private company with a strong global presence in supplying specialty chemicals, operating equipment, and services to end markets that serve a number of parallel, as well as complimentary industries, including aerospace, automotive, oil and gas, and power generation, through four divisions:
- Ultraseal provides impregnation technology, including porosity sealants and associated chemistry and equipment for die cast components.
- SIFCO ASC delivers surface treatment through selective electroplating, anodizing, chemical solutions and engineering systems.
- Surface Technology is a speciality provider of surface treatment solutions, including coatings, thermal sprays, plating and other ancillary services.
- Norman Hay Engineering performs design and engineering services that support surface treatment plants and equipment for the Ultraseal, SIFCO ASC and Surface Technology businesses, as well as additional third-party industrial engineering applications.
This deal also adds impregnation chemicals and equipment, special coating and metal finishing businesses and process engineering capabilities to Quaker Houghton’s comprehensive global product portfolio.
With current trends toward lightweighting and portability, this acquisition — expected to close in October 2019 — positions them for the future. “This acquisition represents an opportunity to add new technologies with good growth characteristics in attractive core market segments with high barriers to entry, such as die casting, automotive OEM and aerospace,” explained Michael F. Barry, the chairman, chief executive officer and president of Quaker Houghton. “We also believe it provides a strategic opportunity to take advantage of external market trends, such as the lightweighting of vehicles and 3D printing, where we have the opportunity to leverage our global footprint and complementary geographic strengths. In addition, Norman Hay’s engineering expertise, which includes robotics applications, strengthens the existing equipment solutions platform inside our company and further positions us for Industry 4.0.”
Norman Hay was established in 1946 as a decorative electroplating business and has evolved into a global speciality chemicals sealant, surface coatings and engineering group. The company has approximately 400 employees with production and R&D facilities across Europe and the United States.
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