A joint agreement was recently signed for the acquisition of the Dan-Am Company in Spring Valley by SATA USA Inc, a subsidiary of SATA GmbH & Co. KG, was signed.

"We are excited about this new chapter in the history of Dan-Am and SATA and believe this acquisition will allow us to continue to provide our trade partners and customers in the U.S. and Puerto Rico with the best painting tools and outstanding service they know and love from SATA and Dan-Am, now and in the future,"...said Mike Carlos Wolf, CEO of SATA GmbH & Co KG.

The acquisition of Dan-Am Company, a renowned company with a long history of success in distributing SATA products in the U.S. and Puerto Rico, represents a significant milestone for SATA and is part of its strategy to strengthen its presence in the North American market and expand its product portfolio.

SATA is committed to making the transition process smooth and to maintaining and strengthening Dan-Am's existing relationships with customers, suppliers and employees. Dan-Am's customers can continue to count on the quality and reliability they are accustomed to.