# ICP Group acquires Hi-Tech Coatings from Heidelberg

Innovative Chemical Products Group acquired Hi-Tech Coatings from Heidelberger Druckmaschinen, adding high-performance water-based and UV-curable coatings and facilities in the UK, Netherlands and Michigan. A strategic supply partnership with Heidelberg was also established.

- Type: Acquisition
- Announced: 2019-12-02
- Status: completed
- Products: water-based coatings, UV-curable coatings, high-performance coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Heidelberger Druckmaschinen](https://endata.com/companies/970.md) (partner)
- [Innovative Chemical Products Group](https://endata.com/companies/5868.md) (acquirer)
- [Hi-Tech Coatings](https://endata.com/companies/5869.md) (target)

## Sources

- [icpgroup.com](https://www.icpgroup.com/innovative-chemical-products-group-acquires-hi-tech-coatings-a-worldwide-leading-developer-and-manufacturer-of-high-performance-coatings/), 2019-12-05: "Innovative Chemical Products Group (ICP Group) today announces that it has acquired Hi-Tech Coatings, a worldwide leading developer and manufacturer of high-performance coatings."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.