SK Capital Partners-backed Canlak Coatings completed the acquisition of Ceramic Industrial Coatings.

SK Capital Partners-backed Canlak Coatings, a manufacturer of high-quality industrial wood coatings, completed the acquisition of Ceramic Industrial Coatings, a manufacturer of high-quality coating products. Financial terms were not disclosed. “The addition of Ceramic Industrial Coatings to the Canlak platform significantly enhances the Company’s leading position in the North American OEM wood coatings market. The combined Company will utilize a broader technology base in conjunction with an agile, solutions-oriented service model to support customers in our markets,” Jon Borell, SK Capital Managing Director.