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KANSAI HELIOS completed its acquisition of WEILBURGER Coatings, the entire industrial coatings business of GREBE Holding in Weilburg, Germany, including WEILBURGER Coatings GmbH in Germany and WEILBURGER Asia Limited in Hong Kong. The deal was first announced in February 2024.
On February 9, 2024, KANSAI HELIOS signed a share purchase agreement with GREBE Holding to acquire its entire industrial coatings business, WEILBURGER Coatings, which includes WEILBURGER Coatings GmbH in Germany and WEILBURGER Asia Limited in Hong Kong. WEILBURGER Coatings has a turnover of around 150 million Euro and about 600 employees.