PPG Acquires Dexmet from Sverica Capital
August 15, 2019
PPG has completed the acquisition of Dexmet Corporation from Sverica Capital Management. Dexmet, headquartered in Wallingford, Connecticut, is a specialist manufacturer of precision expanded metal foils and polymers used in lightning strike protection, power storage and aerospace applications; the deal expands PPG's engineered materials capabilities for aerospace and related end markets.
- Buyers
- PPG
- Targets
- Dexmet Corporation
- Sellers
- Sverica Capital Management LP
- Industry
- Manufacturing
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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