M&A Deal Summary

PPG Acquires Foshan Bairun Chemicals Co.

On October 19, 2010, PPG acquired chemicals company Foshan Bairun Chemicals Co.

Acquisition Highlights
  • This is PPG’s 12th transaction in the Chemicals sector.
  • This is PPG’s 2nd transaction in China.

M&A Deal Summary

Date 2010-10-19
Target Foshan Bairun Chemicals Co.
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

Foshan Bairun Chemicals Co.

Foshan, China
Foshan Bairun Chemicals Co., Ltd. is a privately held manufacturer of packaging coatings.

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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 15 of 44
Sector: Chemicals M&A 12 of 35
Type: Add-on Acquisition M&A Deals 11 of 35
Country: China M&A 2 of 3
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-02 Pittsburgh Glass Works

Pittsburgh, Pennsylvania, United States

Pittsburgh Glass Works LLC is a designer, producer and distributor of automotive glass to high-volume Auto-OEM applications and glass replacement markets worldwide. PGW’s business comprises engineering development and application of sophisticated automotive glass technologies; glass manufacturing and assembly operations in North America, Europe and Asia wholesale and retail aftermarket distribution services; and retailer alliance partnerships in North America.

Buy -
FOLLOWING 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