# SOCOMORE acquires PTI specialty coatings and solvents

SOCOMORE signed an asset purchase agreement to acquire PTI's specialty coatings and solvents product lines, including PTI and Certified Coatings brands. PTI will continue manufacturing under a toll agreement, and SOCOMORE will qualify additional production at its North America headquarters in Rhome, Texas.

- Type: Acquisition
- Announced: 2021-09-15
- Where: Rhome, Texas, United States
- Status: completed
- Products: specialty coatings, solvents
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SOCOMORE](https://endata.com/companies/16167.md) (acquirer)
- [Products Techniques, Inc.](https://endata.com/companies/57758.md) (target)

## Sources

- [socomore.com](https://www.socomore.com/en/blog/news/socomore-invested-in-pti-specialty-coatings), 2021-09-15: "With this acquisition, SOCOMORE expands its customer base to serve general and private aviation markets."
- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/breve/socomore-fait-lacquisition-des-revetements-products-techniques-inc-1604899), 2021-09-17: "Les parties ont conclu un accord par lequel le vendeur continuera à fabriquer tous les produits pour Socomore par le biais d’un accord de sous-traitance à façon."

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