American Industrial Partners Acquires PPG's U.S. & Canadian Architectural Coatings Business (Pittsburgh Paints Co.)

American Industrial Partners Makes Strategic Investment in Austin Powder

July 1, 2024

Manufacturing

American Industrial Partners (AIP) has made a strategic growth investment in Austin Powder to support the company's expansion, innovation and global growth plans while partnering with Austin’s existing long-term ownership group and management team. Financial terms were not disclosed; the investment will provide AIP’s financial and operational resources to accelerate geographic expansion and capability development across Austin Powder’s explosives manufacturing and blasting services business.

PPG Completes Acquisition of Tikkurila

June 10, 2022

Manufacturing

PPG acquired Tikkurila, a leading Nordic paints and coatings company, completing the transaction in mid-2021. The deal expands PPG’s architectural coatings footprint across EMEA and China, strengthens distribution and cross-selling opportunities, and complements PPG’s sustainability strategy.

PPG Acquires Alpha Coating Technologies

February 5, 2020

Manufacturing

PPG has entered a definitive agreement to acquire Alpha Coating Technologies, a West Chicago-based manufacturer of powder coatings for light industrial applications and heat-sensitive substrates. The acquisition, expected to close in Q1 2020, enhances PPG's industrial coatings capabilities, including Alpha's color-matching and toll-manufacturing services; financial terms were not disclosed.

American Industrial Partners Acquires Aleris North American Rolled Products (now Commonwealth Rolled Products)

December 1, 2020

Manufacturing

American Industrial Partners (AIP) completed its purchase of the former Aleris North American automotive and common-alloy aluminum rolled products business on December 1, 2020. The divested business (renamed Commonwealth Rolled Products) includes the Lewisport, Kentucky production facility and a Madison Heights, Michigan R&D center; AIP intends to invest in and upgrade the Lewisport mill to expand its automotive body sheet capabilities.

Arch Painting Acquires Paintzen Platform

January 15, 2025

Construction

Arch Painting has acquired Paintzen, the on-demand residential painting booking platform, from a major paint manufacturer (reported as PPG Industries). Arch plans to integrate and expand Paintzen's automation and customer-facing technology to accelerate residential growth immediately and develop commercial modules later as part of a multi-year plan to scale the business. The deal supports Arch's strategy to digitize pricing, booking and delivery to drive faster quotes and improved customer experience.

AE Industrial Partners Acquires American Pacific Corporation

February 6, 2020

Manufacturing

AE Industrial Partners (AEI) has acquired American Pacific Corporation, a Cedar City, Utah-based manufacturer of specialty chemicals and materials used in aerospace, defense, space launch and fire suppression applications, from Huntsman Family Investments. The deal, which closed Feb. 6, 2020, will position AEI to grow American Pacific as a platform investment and further support customers in national security and space programs.