PPG - Mergers and acquisitions

PPG (NYSE:PPG) today announced that it has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation (NYSE:NGVT). The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Ozark Materials serves customers across the United States and Canada and has a strong reputation for quality, service and operational excellence. The company has approximately 130 employees and well-established customer relationships that align closely with PPG's Traffic Solutions business. "This acquisition strengthens our business by enhancing our ability to serve customers throughout North America with

PPG (NYSE:PPG) today announced that it has received regulatory approval from the Federal Antimonopoly Service of Russia for the completion of its tender offer for all of the shares of Tikkurila (NASDAQ OMX:TIK1V). With this approval, PPG has received all required regulatory approvals for completion of the tender offer and has announced that the tender offer will expire on June 4, 2021. PPG expects to complete the tender offer and close the transaction on or about June 10, 2021. As previously announced, the European Commission, the Ministry of Economic Affairs and Employment of Finland, and the Agency for Protection and Development of Competition of the Republic of Kazakhstan have each gra

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that it has acquired Cetelon Lackfabrik GmbH, a manufacturer of coatings for automotive and light truck wheel applications. Financial details of the transaction were not disclosed. Cetelon develops and manufactures a wide range of coating systems for the wheel industry, including certain proprietary technologies. It operates production and sales offices in Ditzingen, Germany, from which it serves many leading wheel suppliers worldwide. Founded in 1948 in Stuttgart, Germany, Cetelon became part of the Berlac Group in 2011. The company employs approximately 95 people globally. “The strategic acquisition of Cetelon will a

PPG (NYSE:PPG) today announced that it has acquired Cetelon Lackfabrik GmbH, a manufacturer of coatings for automotive and light truck wheel applications. Financial details of the transaction were not disclosed. Cetelon develops and manufactures a wide range of coating systems for the wheel industry, including certain proprietary technologies. It operates production and sales offices in Ditzingen, Germany, from which it serves many leading wheel suppliers worldwide. Founded in 1948 in Stuttgart, Germany, Cetelon became part of the Berlac Group in 2011. The company employs approximately 95 people globally. "The strategic acquisition of Cetelon will allow PPG to further build upon its exist