Divestiture • Chemicals

PPG Acquires Akzo Nobel - North American Coatings Business

On December 14, 2012, PPG acquired chemicals company Akzo Nobel - North American Coatings Business for 1.1B USD

Acquisition Context
  • This is PPG’s 14th transaction in the Chemicals sector.
  • This is PPG’s 4th largest (disclosed) transaction.
  • This is PPG’s 9th transaction in the United States.

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M&A Deal Summary

Date December 14, 2012
Target Akzo Nobel - North American Coatings Business
Sector Chemicals
Buyer(s) PPG
Deal Type Divestiture
Deal Value 1.1B USD

Target Company

Akzo Nobel - North American Coatings Business

United States
Akzo Nobel's North American is an architectural coatings business.
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Buyer Overview 1

Buyer

PPG

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1883
Sector Chemicals
Employees46,000
Revenue 15.8B USD (2024)
DESCRIPTION
PPG headquarters at One PPG Place in downtown Pittsburgh, Pennsylvania.
PPG headquarters at One PPG Place in downtown Pittsburgh, Pennsylvania.

PPG manufactures and distributes a broad range of coatings, specialty materials and glass products. PPG was formed in 1883 and is based in Pittsburgh, Pennsylvania.


Deal Context for Buyer #
Overall 17 of 44
Sector: Chemicals 14 of 35
Type: Divestiture 4 of 6
Country: United States 9 of 25
Year: 2012 2 of 3
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-05 Dyrup A/S

Soborg, Denmark

Dyrup A/S, a European producer of architectural coatings and specialty products.

Buy $150M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-18 Spraylat

Pelham, New York, United States

Spraylat specializes in high-quality industrial liquid and powder coatings with excellent performance characteristics that are applied to metal, glass and plastic substrates. Customers value Spraylat for its dedication to product innovation, flexible manufacturing process, reliable performance and outstanding technical service.

Buy -

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