Renner Coatings, the industrial coatings division of Renner Herrmann, announces the acquisition of FlexTintas, completed on April 2, 2024, reinforcing its growth and consolidation strategy in the industrial coatings market in South America. The investment amount is not disclosed, as per an agreement between the shareholders of both companies.
With this move, Renner Coatings expands its operations in the powder coating segment, where FlexTintas is currently among the top four companies in the market. The merger of operations strengthens the customer base and opens up prospects for significant growth in the coming years, reinforcing the company's presence in a strategic and constantly evolving sector, especially with regard to sustainability.
The acquisition also represents an important step forward in consolidating Renner Coatings' portfolio, which will now offer complete solutions for all segments of the general industry. Furthermore, the company expands its presence in the architectural market of civil construction, particularly in the coating of aluminum profiles, complementing its traditional presence in liquid paints.
With a consolidated presence in all regions of Brazil and a significant presence in several South American countries, Renner Coatings now has new business opportunities with the incorporation of powder coating technology into its portfolio.
FlexTintas, with 23 years of experience and recognized for the quality of its products and service, maintains its brand in the powder coating segment, now under the name Flex Powder Coatings, integrated into the structure of Renner Coatings, which has almost 100 years of history and strong market recognition.
Located in Alumínio, in the interior of São Paulo, FlexTintas serves various industrial and civil construction segments, establishing itself as a relevant operation in the sector.
With this acquisition, Renner Coatings reinforces its commitment to sustainable growth and expansion in South America, maintaining in its strategic plan initiatives for organic and inorganic growth, focusing on innovation, competitiveness and generating value for its customers.
