Tracked deals
4
4 tracked deals across 2019-2026.
Pittsburgh, Pennsylvania, United States
PPG (NYSE:PPG) develops and delivers paints, coatings, and specialty materials. With headquarters in Pittsburgh, it operates and innovates in more than 70 countries and serves construction, consumer products, industrial and transportation markets and aftermarkets.
Tracked deals
4
4 tracked deals across 2019-2026.
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
4 buyout
Last 4 years
Supporting Data
PPG completed the all-cash acquisition of Ozark Materials, LLC from Ingevity Corporation for $65 million (subject to customary adjustments). The deal expands PPG’s Traffic Solutions business by adding pavement marking products, established customer relationships, and operational capabilities across the United States and Canada.
PPG Industries acquired VersaFlex, a Kansas City-based manufacturer of polyurea, epoxy and polyurethane coatings, from DalFort Capital Partners. VersaFlex generated over $70 million in revenue in 2020 and the acquisition expands PPG's protective coatings portfolio and capabilities in water/wastewater, flooring and infrastructure markets.
PPG has agreed to acquire Ennis-Flint, a global leader in pavement markings and traffic safety solutions, from Olympus Partners. Under Olympus' ownership since June 2016, Ennis-Flint completed six acquisitions, expanded manufacturing capacity across North America, Europe and Australia, and employs nearly 1,000 people.
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.
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