August 6, 2021 – Cincinnati, OH – ChemQuest, a global business strategy and external technology development firm with focus and expertise specific to the specialty chemicals markets, announces the acquisition of Powder Coatings Research Group, the leading independent formulation, testing, and development resource used by the powder coating industry, based in Columbus, OH, founded and led by Kevin Biller, aka Joe PowderTM.
PCR Group brings powder coating formulation expertise and a third laboratory to ChemQuest, in addition to liquid formulations and application, and molecular architecture. Their vision to be a comprehensive resource for all things related to powder coating technology aligns with that of ChemQuest, and their years of experience enhance our capabilities.
“It is my pleasure to announce the acquisition of PCR Group, an organization I have admired for many years. Kevin Biller and his team are consummate professionals. Both are innovative organizations with deep knowledge of history and a strong view of the future. We parallel each other in our approach to clients and delivering on our promises. These are synergies people say they want but rarely get in a merger or acquisition.”, states ChemQuest CEO Dan Murad.
PCR Group has the ability to create novel powder coatings that can now be applied at the ChemQuest Technology Institute in a replicate manufacturing environment. Founder and CEO Kevin Biller declares, "We are looking forward to capitalizing on the synergies between the two organizations. By combining ChemQuest’s extraordinary market reach and CQTI’s world class application facilities with PCR Group’s vast experience and industry presence, we foresee an amazing future."
About The ChemQuest Group, Inc.
The ChemQuest Group Inc., a global business strategy and external technology development firm with focus and expertise specific to the specialty chemicals markets, is widely recognized among raw material suppliers, formulators, and financial investors for its value creation. ChemQuest’s four service pillars include Business Strategy & Transformation; Mergers, Acquisitions & Divestitures; Commercial & Operational Efficiencies; as well as Technology & Application Development through the ChemQuest Technology Institute. ChemQuest services extend across eleven formulated product categories and over thirteen end-use markets within the specialty chemicals value chain. Our team includes former senior managers from major manufacturers, business owners, and senior technical managers including Ph.D. chemists, with a minimum of 25 years of experience in specialty chemicals. For more information, visit www.chemquest.com.
About Powder Coatings Research Group, Inc.
PCR Group was founded in 2007 and provides powder coating evaluation, testing, forensic, and product development services. The company is well known in the industry for the Powder Coating Summit (a BNP owned event), The Powder Coating Kitchen, Ask Joe PowderTM column in Powder Coated Tough, the official publication of the Powder Coating Institute, and the Ask Joe Powder Powdcast.
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