M&A Deal Summary

PPG Acquires Alpha Coating Technologies

On February 5, 2020, PPG acquired chemicals company Alpha Coating Technologies

Acquisition Highlights
  • This is PPG’s 31st transaction in the Chemicals sector.
  • This is PPG’s 23rd transaction in the United States.
  • This is PPG’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2020-02-05
Target Alpha Coating Technologies
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

Alpha Coating Technologies

West Chicago, Illinois, United States
Alpha Coating Technologies, LLC is a manufacturer of powder coatings for light industrial applications and heat sensitive substrates. Alpha focuses on the development, manufacture and sale of powder coatings for light industrial applications; medium density fiberboard and heat sensitive substrates; and toll manufactures powder coatings for metal and light industrial applications. Alpha employs approximately 35 people at its operations in West Chicago, Illinois.

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Buyer(S) 1

Buyer

PPG

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1883
Sector Chemicals
Employees50,000
Revenue 18.2B USD (2023)
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 STATS #
Overall 39 of 44
Sector (Chemicals) 31 of 35
Type (Add-on Acquisition) 31 of 35
State (Illinois) 2 of 2
Country (United States) 23 of 25
Year (2020) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-08 Industria Chimica Reggiana

Reggio Emilia, Italy

Industria Chimica Reggiana (ICR) S.p.A is a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. Industria Chimica Reggiana is based in Reggio Emilia, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-30 Ennis-Flint

Greensboro, North Carolina, United States

Ennis-Flint, Inc. provides reliable and longest-lasting pavement marking and traffic safety solutions around the world. The company helps make roads, airports, and pedestrian areas safer for everyone by allocating considerable resources. Ennis-Flint was founded in 2012 and is based in Greensboro, North Carolina.

Buy -
Mergr

Product

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