M&A Deal Summary

PPG Acquires Spraylat

On December 18, 2012, PPG acquired chemicals company Spraylat

Acquisition Highlights
  • This is PPG’s 15th transaction in the Chemicals sector.
  • This is PPG’s 10th transaction in the United States.
  • This is PPG’s 1st transaction in New York.

M&A Deal Summary

Date 2012-12-18
Target Spraylat
Sector Chemicals
Buyer(s) PPG
Deal Type Add-on Acquisition

Target

Spraylat

Pelham, New York, United States
Spraylat specializes in high-quality industrial liquid and powder coatings with excellent performance characteristics that are applied to metal, glass and plastic substrates. Customers value Spraylat for its dedication to product innovation, flexible manufacturing process, reliable performance and outstanding technical service.

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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 18 of 44
Sector (Chemicals) 15 of 35
Type (Add-on Acquisition) 12 of 35
State (New York) 1 of 1
Country (United States) 10 of 25
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-14 Akzo Nobel - North American Coatings Business

United States

Akzo Nobel's North American is an architectural coatings business.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 The Flood Company

Strongsville, Ohio, United States

The Flood Company producer of specialty coating and wood paint additive solutions.

Buy -