{"id":1759,"date":"2014-09-16T13:56:43","date_gmt":"2014-09-16T13:56:43","guid":{"rendered":"http:\/\/joapen.com\/blog\/?p=1759"},"modified":"2015-08-06T13:26:54","modified_gmt":"2015-08-06T13:26:54","slug":"herberts-coating-trades","status":"publish","type":"post","link":"http:\/\/joapen.com\/blog\/2014\/09\/16\/herberts-coating-trades\/","title":{"rendered":"Herberts coating trades"},"content":{"rendered":"

I was writing about Herberts coatings in the past, and news I got during these days made me to pay attention of the story of owners of Herberts coatings.\"herberts\"<\/a><\/p>\n

I have listed the data by event, so you can see how Herberts is changing of owner for time to time.<\/p>\n

This is the sequence of events:<\/p>\n

1.- Otto Louis Herberts<\/span> founded Herberts in 1866.<\/p>\n

2.- DuPont bought Herberts to KKR in 1998<\/a>, for 1,89 billion $, it is part of DuPont\u00b4s portfolio under the name: DuPont Performance Coatings. DuPont integrated Herberts into their holistic organization, providing a broader channel for selling and distribution channels. In addition they can access to titanium dioxide, <\/span>a core element of the coatings.<\/p>\n

3.- Carlyle bought Herberts to DuPont in 2012<\/a>, for 4,9 billion $, it is part of Carlyle’s portfolio under the name: Axalta. Carlyle thought Herberts was able to operate with better results alone, reducing the whole of amount of operational expenses charged by central services.<\/p>\n

4.- Akzo Nobel interested to buy Herberts in 2014<\/a>, for 7 billion $.<\/p>\n

5.- Berkshire Hathaway buys 20 million shares<\/a> of Axalta from Carlyle Group for $560 million, or $28 per share.<\/p>\n

The story has not ended,<\/p>\n","protected":false},"excerpt":{"rendered":"

I was writing about Herberts coatings in the past, and news I got during these days made me to pay attention of the story of owners of Herberts coatings. I have listed the data by event, so you can see how Herberts is changing of owner for time to time. This is the sequence of … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98,55],"tags":[],"class_list":["post-1759","post","type-post","status-publish","format-standard","hentry","category-company-follow-up","category-manufacturing"],"yoast_head":"\nHerberts coating trades -<\/title>\n<meta name=\"description\" content=\"I was writing about Herberts coatings in the past, and news I got during these days made me to pay attention of the story of owners of Herberts coatings. - joapen projects\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/joapen.com\/blog\/2014\/09\/16\/herberts-coating-trades\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Herberts coating trades -\" \/>\n<meta property=\"og:description\" content=\"I was writing about Herberts coatings in the past, and news I got during these days made me to pay attention of the story of owners of Herberts coatings. - 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