M&A Deal Summary

PPG Acquires Crown Coating Industries

On August 2, 2005, PPG acquired chemicals company Crown Coating Industries

Acquisition Highlights
  • This is PPG’s 3rd transaction in the Chemicals sector.
  • This is PPG’s 1st transaction in Singapore.

M&A Deal Summary

Date 2005-08-02
Target Crown Coating Industries
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

Crown Coating Industries

Singapore
Crown Coating Industries, a manufacturer of specialty wood coatings. Crown provides manufacturers in Asia with local supply of the high-quality coating.

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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 3 of 44
Sector: Chemicals M&A 3 of 35
Type: Add-on Acquisition M&A Deals 1 of 35
Country: Singapore M&A 1 of 1
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-04 ICI - Automotive Refinish and Industrial Coatings Business

United Kingdom

ICI's Automotive Refinish and Industrial Coatings Business provides automotive refinish coatings used in vehicle repair and on new and refinished commercial vehicles; Grow Automotive solvents and thinners business in North America; and Asian and Latin American powder and liquid industrial coatings facilities.

Buy £425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-01 Eldorado Solutions

Sylmar, California, United States

Eldorado Chemical Co., Inc. is a manufacturer of paint strippers and technical cleaners for the aerospace industry. Eldorado Chemical was founded in 1969 and is based in Sylmar, California.

Buy -