M&A Deal Summary

PPG Acquires IVC Industrial Coatings

On June 11, 2015, PPG acquired chemicals company IVC Industrial Coatings

Acquisition Highlights
  • This is PPG’s 21st transaction in the Chemicals sector.
  • This is PPG’s 17th transaction in the United States.
  • This is PPG’s 1st transaction in Indiana.

M&A Deal Summary
Date 2015-06-11
Target IVC Industrial Coatings
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

IVC Industrial Coatings

Brazil, Indiana, United States
IVC Industrial Coatings, Inc. is a specialty powder and liquid coatings manufacturer.

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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 27 of 44
Sector (Chemicals) 21 of 35
Type (Add-on Acquisition) 20 of 35
State (Indiana) 1 of 1
Country (United States) 17 of 25
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-03 Cuming Microwave

Avon, Massachusetts, United States

Cuming Microwave Corp. is a provider of innovative microwave absorber technology and materials for the RF Electromagnetic Interference, Radar Cross Section Reduction and Anechoic Chamber markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-29 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.

Sell $635M
Mergr

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