Grow Group Acquires Napko Coatings Division

—Literature Available Grow Group, Inc. has acquired the Napko Protective Coatings Division of the O'Brien Corporation, according to an announcement by Russell Banks, president and chief executive officer of Grow Group. Napko Corporation, with headquarters in Houston, is now a subsidiary of Grow Group, Inc.

Mr. Banks stated that "Napko is an excellent addition to our Marine and Corrosion Control Group, which manufactures high-performance, advanced-technology paints and coatings." According to Joseph M. Quinn, vice president of Grow Group and president of Napko Corporation, "Napko's position in the marine, offshore, petroleum, power generation, and chemical industries not only increases our present market penetration but also fills several market niches and adds unique applications to the segments we serve." Lou Vincent, vice president of Napko, will continue to manage the daily operations of the firm. With the full support of Grow Group, Napko will continue to offer the high-quality products and customer service for which it has been well known internationally.

Grow Group is one of the nation's largest producers of specialty coatings and paints, with subsidiaries located around the world.

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Maritime Reporter Magazine, page 6,  Sep 15, 1985 Wynne Potter

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