The acquisition of the distributor Interbay Coatings will strengthen the position of Painters Supply & Equipment in the paints and coatings market.
Painters Supply & Equipment has recently announced that it has acquired Interbay Coatings, a specialty coatings distributor which offers a wide range of products for the marine and industrial coatings markets.
"We are excited to welcome the Interbay team to the PSE family. Interbay is a high-performing distributor with a solid reputation for delivering industry-leading products and value-added services across various specialty coatings end-markets. Their highly talented and customer focused team will receive additional tools and resources from PSE to ensure their long- term success,” has stated Patrick Mayette, President & CEO of PSE.
"The addition of Interbay, along with seven other partnerships formed in 2023, reinforces our commitment to expand and diversify our specialty coatings and auto refinish segments. We will remain very active in expanding both organically and inorganically as we move into the new year,” has concluded Mayette.