M&A Deal Summary

PPG Acquires SEM Products

On October 18, 2018, PPG acquired chemicals company SEM Products

Acquisition Highlights
  • This is PPG’s 27th transaction in the Chemicals sector.
  • This is PPG’s 20th transaction in the United States.
  • This is PPG’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2018-10-18
Target SEM Products
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

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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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 34 of 44
Sector: Chemicals M&A 27 of 35
Type: Add-on Acquisition M&A Deals 26 of 35
State: South Carolina M&A 1 of 1
Country: United States M&A 20 of 25
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 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.

Buy -
FOLLOWING 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 -