Phyxius completed the acquisition of Montaco.

Phyxius, an independent investment management firm, completed the acquisition of Montaco, a developer of anticorrosive protective coating solutions. Financial terms were not disclosed. "Montaco is a key player in the metalworking sector with a strong financial balance and performance. We are very happy with this transaction, and we believe that Montaco will strengthen our investment strategy. A special thank you to Clearwater International’s team for working professionally towards the success of this project," Jaime Lopes, Phyxius Operating Partner.