Wood care products maker, Basic Coatings, acquired by Betco
Toledo, Ohio, -based Betco, a floor care products supplier in the janitorial business, said it has acquired Basic Coatings, a maker of wood care maintenance items for residential, commercial and sports floors. The acquired company, which is based in Des Moines, Iowa and is formally known as Atlas Companies, Inc. provides water-based coatings as well as oil-modified coatings that meet low VOC requirements. Terms of the deal were not disclosed.