M&A Deal Summary

PPG Acquires NanoProducts

On February 11, 2008, PPG acquired technology hardware company NanoProducts

Acquisition Highlights
  • This is PPG’s 1st transaction in the Technology Hardware sector.
  • This is PPG’s 6th transaction in the United States.
  • This is PPG’s 1st transaction in Colorado.

M&A Deal Summary

Date 2008-02-11
Target NanoProducts
Sector Technology Hardware
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

NanoProducts

Longmont, Colorado, United States
NanoProducts Corp., a producer of nanoproduct materials and a developer of nanoproduct technology. The nanoparticle technology company has an extensive patent estate and operates pilot facilities for the development and manufacture of unique nanoparticles.

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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 11 of 44
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 8 of 35
State (Colorado) 1 of 1
Country (United States) 6 of 25
Year (2008) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-16 Coatings Resource

Huntington Beach, California, United States

Coatings Resource Corp., produces paints, lacquers and varnishes for use on metal and wood industrial and consumer products, including audio-visual equipment, sporting goods and automotive interiors. It also produces injectable colorants, blowing agents, processing aids, ultraviolet (UV) stabilizers and anti-oxidants used on various types of plastics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-15 Vanex

Mount Vernon, Illinois, United States

Vanex, Inc., is a supplier of Plascron® and Breakthrough® brand water-based industrial coatings for use on metal, plastic and wood in the structural steel, building systems, construction and fabricated metals industries.

Buy -