PPG Mergers and Acquisitions Summary

Chemicals Company

PPG has acquired 47 companies, including 19 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 3 assets.

PPG’s largest acquisition to date was in 2007, when it acquired SigmaKalon Group BV for $2.5B. It’s largest disclosed sale occurred in 2016, when it sold PPG - Flat Glass & Glass Coatings Operations to Vitro S.A.B. de C.V. for $750M. PPG has acquired in 16 different US states, and 14 countries. The Company’s most targeted sectors include chemicals (80%) and technology hardware (5%).

Join Mergr and gain access to PPG’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the chemicals sector.

M&A Summary

  • M&A Total Activity45
    • M&A Buy Activity42
    • M&A Sell Activity3
  • Total Sectors Invested 9
  • Total Countries Invested 14
  • M&A Buy/Sell Connections 20
  • M&A Advisors 3

PPG Industries, Inc. (PPG)

One PPG Place,
Pittsburgh, Pennsylvania 15272
United States,
(412) 434-3131
www.ppg.com

PPG manufactures and distributes a broad range of coatings, specialty materials and glass products. The Company is comprised of three reportable business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings and Industrial Coatings reportable segments supply coatings and specialty materials for customers in a wide array of end-use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment; and other industrial and consumer products. The Industrial Coatings reportable segment is comprised of the automotive OEM, industrial coatings, packaging coatings, and specialty coatings and materials businesses. PPG's Glass segment is a producer of flat glass in North America and a producer of fiber glass in North America and Europe, as well as Asia through a partnership with Nan Ya Plastics Corp to serve the electronics industries. PPG was formed in 1883 and is based in Pittsburgh, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (2.6/yr) # 29 2 3 2 4 2 42
vol $6.6B $1.2B $7.9B
Sell (0.2/yr) # 2 1 - - - - 3
vol $1.4B $1.4B
  45

Most Recent M&A

Company Date Value Type
Karl Worwag Lack- und Farbenfabrik GmbH & Co. KG 2021-01-11 - Add-on Acquisition
Korntal-Münchingen, Germany · www.woerwag.com
VersaFlex, Inc. 2021-01-05 - Add-on Acquisition
Kansas, Kansas · www.versaflex.com
Tikkurila Oyj 2020-12-18 1.2B EUR Add-on Acquisition
Vantaa, Finland · www.tikkurila.com
Ennis-Flint, Inc. 2020-11-30 - Add-on Acquisition
Greensboro, North Carolina · www.ennisflintamericas.com
Alpha Coating Technologies, LLC 2020-02-05 - Add-on Acquisition
West Chicago, Illinois · www.alphacoatingtech.com
Industria Chimica Reggiana (ICR) S.p.A 2020-01-08 - Add-on Acquisition
Reggio Emilia, Italy · www.jeccomposites.com
Dexmet Corp. 2019-07-22 - Add-on Acquisition
Wallingford, Connecticut · www.dexmet.com
Hemmelrath Lackfabrik GmbH 2019-01-07 - Add-on Acquisition
Klingenberg, Germany · www.hemmelrath.de
Whitford Worldwide Co. 2018-12-14 - Add-on Acquisition
Elverson, Pennsylvania · www.whitfordww.com
SEM Products, Inc. 2018-10-18 - Add-on Acquisition
Rock Hill, South Carolina · www.semproducts.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Chemicals 34 (79%) 7.9B (100%) 1 (33%) -
Technology Hardware 2 (5%) - - -
Automotive 1 (2%) - 1 (33%) 635M (46%)
Aerospace 1 (2%) - - -
Building Materials 1 (2%) - - -
Distribution 1 (2%) - - -
Infrastructure 1 (2%) - - -
Manufacturing 1 (2%) - - -
Retail 1 (2%) - - -
Packaging - - 1 (33%) 750M (54%)
Total 43 $7.9B 3 $1.4B

By Geo

State/Country Buy Value Sell Value
United States 25 1.1B 2 1.4B
  California 5 - - -
  Pennsylvania 3 - 2 1.4B
  Ohio 2 - - -
  Massachusetts 2 - - -
  Illinois 2 - - -
  Washington 1 - - -
  Texas 1 - - -
  South Carolina 1 - - -
  North Carolina 1 - - -
  New York 1 - - -
  Michigan 1 - - -
  Kansas 1 - - -
  Indiana 1 - - -
  Connecticut 1 - - -
  Colorado 1 - - -
China 3 - - -
Taiwan 2 - 1 -
Germany 2 - - -
Netherlands 2 2.5B - -
Australia 1 - - -
Denmark 1 150M - -
Finland 1 1.2B - -
France 1 - - -
Italy 1 - - -
Mexico 1 2.3B - -
Romania 1 - - -
Singapore 1 - - -
United Kingdom 1 654M - -
Domestic 25 (58%) 1.1B (13%) 2 (67%) 1.4B (100%)
Cross-border 18 (42%) 6.8B (87%) 1 (33%) -
Total 43 $7.9B 3 $1.4B

Top M&A Advisors

Financial Deals
PJT Partners, Inc.
1
Legal Deals
Wachtell, Lipton, Rosen & Katz LLP
1
DLA Piper
1

Deal Values

buy # Total
> $1B 4 $7.1B
$100M to $1B 2 $804M
TOTAL $7.9B
Largest SigmaKalon Group BV
$2.5B (2007-07-19)
sell # Total
$100M to $1B 2 $1.4B
TOTAL $1.4B
Largest PPG - Flat Glass & Glass Coatings Operations
$750M (2016-07-21)

M&A Connections

Deals
Acquired from
Investor(s)
19%
8 (19%)
Strategic(s)
12%
5 (12%)
Divested to
Strategic(s)
100%
3 (100%)

 Subscribe to unlock this and 161,366
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.1K Private Equity Firms
  • 150K M&A Transactions
  • 157K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 48K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.