# Franchi&Kim and Colorificio Damiani create new company Estalia Performance Coatings

Franchi&Kim and Colorificio Damiani created a new company named Estalia Performance Coatings s.p.a., with 175 employees and 51 commercial consultants, operating three production plants in Castenedolo, Maclodio, and Montecchio Emilia.

- Type: Acquisition
- Announced: 2020-02-14
- Where: Castenedolo, Maclodio, Montecchio Emilia, Italy
- Jobs: 175
- Status: announced
- Products: liquid paints, industrial tintometry
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Franchi&Kim](https://endata.com/companies/45277.md)
- [Colorificio Damiani](https://endata.com/companies/45278.md) (partner)
- [Estalia Performance Coatings](https://endata.com/companies/45279.md) (target)

## Sources

- [ncscolour.it](https://www.ncscolour.it/2020/02/14/franchikim-e-colorificio-damiani-creano-una-nuova-societa/), 2020-02-14: "La nuova società ambisce a incrementare progressivamente la propria presenza sul territorio, grazie ai propri marchi."

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