M&A Deal Summary

PPG Acquires ProCoatings BV

On January 2, 2018, PPG acquired retailer ProCoatings BV

Acquisition Highlights
  • This is PPG’s 1st transaction in the Retail sector.
  • This is PPG’s 2nd transaction in the Netherlands.

M&A Deal Summary

Date 2018-01-02
Target ProCoatings BV
Sector Retail
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

ProCoatings BV

Almere, Netherlands
ProCoatings BV is a provider of professional paint brands through its network of 23 multi-brand stores. ProCoatings is based in Almere, Netherlands.

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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 33 of 44
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 25 of 35
Country: Netherlands M&A 2 of 2
Year: 2018 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-20 The Crown Group

Warren, Michigan, United States

The Crown Group, Inc. is a provider of quality coating solutions to industrial end markets. Crown's range of coating technologies include electro-coating ("e-coating"), e-coating with powder coating topcoat and water-based wet painting. The Crown Group, Inc. was established in 1965 and is headquartered in Warren, Michigan.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-18 SEM Products

Rock Hill, South Carolina, United States

SEM Products, Inc. is a U.S.-based manufacturer of specialized automotive refinish products. SEM, headquartered in Rock Hill, South Carolina, is a leading manufacturer of repair and refinish products used primarily for automotive and other transportation applications. The company is known for various flagship products that offer convenience, including Color Coat, the original flexible coating and mixing system; Bumper Coater, the first product to restore original equipment manufacturer (OEM) finishes on plastic bumpers and cladding; and Dual Mix, a two-part cartridge system for adhesives, fillers and sealers.

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