24th January 2019

CASTOLIN EUTECTIC BUYS FMP

The Castolin Eutectic Group, a division of the Messer Eutectic Castolin GmbH Holding with headquarters in Bad Soden, Germany, has acquired Furnace Mineral Products (FMP), Inc. a privately owned corporation based in Toronto. FMP specializes in the research, development, manufacture and field application of inorganic-hybrid coatings. These coatings have found success primarily in the power generation industry but are also applicable across a spectrum of industries where innovative wear or corrosion protection solutions are required.

FMP has a sales presence in the US and recently entered markets in the Middle East and Asia. Adding FMP to the Castolin Eutectic Group, Castolin says, complements other recent acquisitions like Whertec Inc. and Monitor Coatings, to strengthen the Group’s position as a global player providing a broad range of protective coating solutions to the industry.

www.fmpcoatings.com