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Jamestown Coating Technologies Acquires Yenkin-Majestic Industrial Paint Business

May 12, 2022•over 3 years ago

Acquiring Company

Jamestown Coating Technologies

Acquired Company

Yenkin-Majestic

ManufacturingCommerce And ShoppingConsumer GoodsProfessional Services

Description

Jamestown Coating Technologies, a Pennsylvania-based manufacturer of industrial paints and coatings, and The Yenkin-Majestic Paint Corporation, an Ohio-based manufacturer of coatings and coatings resins, have entered into a definitive agreement under which Jamestown Coating Technologies will acquire Yenkin-Majestic's industrial paint business, producing coatings for the OEM market under the YM-Industrial brand.

Company Information

Company

Jamestown Coating Technologies

About

Jamestown Coating Technologies, based in Jamestown, PA, is a 6th generation, family-owned manufacturer of consumer packaging coatings and industrial paints and coatings. Serving Original Equipment Manufacturers and Packaging Converters across the globe, Jamestown custom formulates its products to help improve its customers' profitability. Jamestown produces coatings that minimize waste, improve throughput, offer superior corrosion protection, and reduce energy consumption. Learn more at www.jamestowncoatings.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed