Add-on Acquisition • Chemicals

PPG Acquires Hemmelrath Lackfabrik

On January 7, 2019, PPG acquired chemicals company Hemmelrath Lackfabrik

Acquisition Context
  • This is PPG’s 29th transaction in the Chemicals sector.
  • This is PPG’s 1st transaction in Germany.

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M&A Deal Summary

Date January 7, 2019
Target Hemmelrath Lackfabrik
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target Company

Hemmelrath Lackfabrik

Klingenberg, Germany
Hemmelrath Lackfabrik GmbH is a manufacturer of coatings for automotive original equipment manufacturers (OEMs). Hemmelrath Lackfabrik GmbH was founded in 1946 and is based in Klingenberg, Germany.
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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 36 of 44
Sector: Chemicals 29 of 35
Type: Add-on Acquisition 28 of 35
Country: Germany 1 of 3
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-14 Whitford Worldwide Co.

Elverson, Pennsylvania, United States

Whitford Worldwide Co. specializes in manufacturing low-friction, wear-resistant coatings for industrial applications in automotive, aerospace, energy and construction products. Whitford Worldwide was founded in 1969 and is based in Elverson, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Dexmet

Wallingford, Connecticut, United States

Dexmet Corp. is a provider of customized, highly-engineered expanded metal foils and polymers for mission-critical applications including lightning strike protection, power storage technology and structural technology. Dexmet Corp. was founded in 1942 and is based in Wallingford, Connecticut.

Buy -

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