PPG Closes on Acquisition
Sept. 2, 2015—On Tuesday, PPG Industries announced it has completed its acquisition of IVC Industrial Coatings. The financial terms were not disclosed.
“This acquisition brings industry-leading powder coatings and a best-in-class manufacturing capability that will strengthen PPG’s position in the industrial coatings market,” said Shelley Bausch, PPG vice president, global industrial coatings. “We have been impressed with IVC’s strong customer focus and overall business performance, and believe that together we can offer even greater solutions for our customers.”