Briolf Group, a family-owned corporate group specializing in the chemical sector, acquired Montana Colors, a leading manufacturer of spray paints and related products.

Financial details of the transaction were not disclosed.

This acquisition aligns with Briolf Group's strategy to diversify and strengthen its position in the specialty chemicals market, building upon its portfolio, which includes companies like Roberlo, Chemfix, and Cromaresme.

Davies acted for Briolf with a team that includes Michel Gélinas, Hugo Casasnovas and Sergio Rodriguez (Private M&A); Taj Kudhail (Tax); Mark Katz and Teraleigh Stevenson (Competition).