M&A Deal Summary

PPG Acquires Barloworld Coatings Australia Pty.

On July 19, 2007, PPG acquired chemicals company Barloworld Coatings Australia Pty. from Barloworld

Acquisition Highlights
  • This is PPG’s 8th transaction in the Chemicals sector.
  • This is PPG’s 1st transaction in Australia.

M&A Deal Summary

Date 2007-07-19
Target Barloworld Coatings Australia Pty.
Sector Chemicals
Buyer(s) PPG
Sellers(s) Barloworld
Deal Type Divestiture

Target

Barloworld Coatings Australia Pty.

Villawood, Australia
Barloworld Coatings Australia Pty. Ltd. an Australian architectural and decorative paint manufacturer, produces Taubmans, Bristol and White Knight brands of architectural coatings. The company operates two production facilities in Villawood, New South Wales, and Glen Waverley, Victoria.

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Buyer(S) 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 STATS #
Overall 9 of 44
Sector: Chemicals M&A 8 of 35
Type: Divestiture M&A Deals 2 of 6
Country: Australia M&A 1 of 1
Year: 2007 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-19 SigmaKalon Group BV

Uithoorn, Netherlands

SigmaKalon is a global producer of architectural, protective, marine and industrial coatings, and a leading coatings supplier in many parts of Europe and other key national markets across the globe, with an increasing presence in Africa and Asia. SigmaKalon sells architectural coatings directly to professional painters via a network of service centers, and it maintains a network of approximately 500 company-owned stores and approximately 3,000 independent wholesalers that give it direct access to customers.

Buy €2.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-16 Coatings Resource

Huntington Beach, California, United States

Coatings Resource Corp., produces paints, lacquers and varnishes for use on metal and wood industrial and consumer products, including audio-visual equipment, sporting goods and automotive interiors. It also produces injectable colorants, blowing agents, processing aids, ultraviolet (UV) stabilizers and anti-oxidants used on various types of plastics.

Buy -

Seller(S) 1

SELLER

Barloworld

Sandton, South Africa

Category Company
Founded 1902
Sector Distribution
Employees6,194
Revenue 41.9B ZAR (2024)
DESCRIPTION

Barloworld a distributor of international brands, providing integrated rental, fleet management, product support and logistics solutions. Barloworld was founded in 1902 and is based in Sandton, South Africa.


DEAL STATS #
Overall 1 of 2
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Australia M&A 1 of 1
Year: 2007 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 Barloworld - Supply Chain Software Division

United States

Barloworld - Supply Chain Software Division is aprovider of software applications.

Sell -