This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Quaker Chemical Buys NP Coil Dexter Industries

CONSHOHOCKEN, Pa. (AP) â¿¿ Quaker Chemical Corp. said Monday that it has purchased metal surface treatment products maker NP Coil Dexter Industries S.r.l.

Quaker didn't put a value on the deal, but it said privately held NP Coil Dexter, which is based in Gorgonzola, Italy, had annual revenue of about $11 million.

The chemical company said NP Coil Dexter's coil coating and surface treatment products, which prepare metal surfaces prior to painting or other finishing, will enhance Quaker's steel flat rolling business.

The deal includes NP Coil Dexter's commercial and technical operations and a leased factory.

Shares of Quaker, which is based in Conshohocken, Pa., rose $1.12, or 2.4 percent, to close Monday at $47.33.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs