Extreme Service Coatings Technology Search
A global coatings company contracted us to acquire a game-changing technology that could be positioned in their markets, which would address extreme service conditions for end-users. The need was to identify technology that would withstand high temperature conditions with aggressive chemical exposure. The technology would have to outperform the traditional products in the marketplace. After an extensive search we located a technology in Europe, qualified it and on behalf of our client managed to negotiate an exclusive license agreement to sell it in North America. In addition, we spearheaded 3rd party lab testing program that would provide additional firepower to target specific end customers in the oil & gas, petrochemical and mining markets. The revenue potential for our client is estimated +$15m.