M&A Deal Summary |
|
|---|---|
| Date | 2016-06-08 |
| Target | MetoKote |
| Sector | Chemicals |
| Buyer(s) | PPG |
| Sellers(s) | Platinum Equity |
| Deal Type | Add-on Acquisition |
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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 | 28 of 44 |
| Sector (Chemicals) | 22 of 35 |
| Type (Add-on Acquisition) | 21 of 35 |
| State (Ohio) | 2 of 2 |
| Country (United States) | 18 of 25 |
| Year (2016) | 1 of 2 |
| 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 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-21 |
PPG - Flat Glass & Glass Coatings Operations
Pittsburgh, Pennsylvania, United States PPG manufacturing and glass coatings operations, including production sites located in Fresno, California; Salem, Oregon; Carlisle, Pennsylvania; and Wichita Falls, Texas; four distribution/fabrication facilities located across Canada; and a research-and-development center located in Harmar, Pennsylvania, near Pittsburgh. PPG’s flat glass business includes approximately 1,200 employees. The business manufactures glass that is fabricated into products used primarily in commercial and residential construction. |
Sell | $750M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 48.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Platinum Equity is a private equity firm focused on acquiring divestitures of larger public companies primarily in North America and Europe. Historically, Platinum targeted technology/software related businesses, however, the firm has since branched out beyond tech and will consider acquisitions in a broad range of industries including chemicals, communications, logistics, healthcare, automotive, industrial products, and business services. Platinum Equity was formed in 1995 by Tom Gores and is based in Beverly Hills, California.
| DEAL STATS | # |
|---|---|
| Overall | 45 of 78 |
| Sector (Chemicals) | 3 of 3 |
| Type (Add-on Acquisition) | 25 of 39 |
| State (Ohio) | 2 of 6 |
| Country (United States) | 38 of 65 |
| Year (2016) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-08 |
Jm Swank
North Liberty, Iowa, United States Jm Swank is a food ingredient sourcing and distribution company. JM Swank has been expanding its distribution model to provide an integrated supply chain from order to delivery. The company transport 800 million pounds of product annually and provide expertise in sourcing, distribution and logistics to customers nationwide. Jm Swank is based in North Liberty, lowa. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-13 |
Bway
Atlanta, Georgia, United States Bway Corp. is a manufacturer and distributor of metal and rigid plastic containers that are used primarily for packaging of industrial and consumer products. |
Sell | $2.4B |
