M&A Deal Summary |
|
|---|---|
| Date | 2016-07-21 |
| Target | PPG - Flat Glass & Glass Coatings Operations |
| Sector | Packaging |
| Buyer(s) | Vitro |
| Sellers(s) | PPG |
| Deal Type | Divestiture |
| Deal Value | 750M USD |
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Vitro, is a glass manufacturer in Mexico and one of the world’s major companies in its industry, backed by more than 100 years of experience. Vitro was founded in 1909 and is based in San Pedro Garza García, Mexico.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Packaging) | 2 of 2 |
| Type (Divestiture) | 1 of 3 |
| State (Pennsylvania) | 1 of 2 |
| Country (United States) | 1 of 3 |
| Year (2016) | 1 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-07-07 |
Vitro - Glass Containers Food & Beverage Division
Mexico Vitro - Glass Containers Food & Beverage Division includes five Food and Beverages Glass Container manufacturing plants located in Mexico, the operations in Bolivia and the distribution of such products in the United States. |
Sell | $2.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-19 |
LKQ - OEM Glass Manufacturing Business
Chicago, Illinois, United States LKQ Corp. - OEM Glass Manufacturing Business is a manufacturer of glass. |
Buy | $310M |
PPG manufactures and distributes a broad range of coatings, specialty materials and glass products. The Company is comprised of three reportable business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings and Industrial Coatings reportable segments supply coatings and specialty materials for customers in a wide array of end-use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment; and other industrial and consumer products. The Industrial Coatings reportable segment is comprised of the automotive OEM, industrial coatings, packaging coatings, and specialty coatings and materials businesses. PPG's Glass segment is a producer of flat glass in North America and a producer of fiber glass in North America and Europe, as well as Asia through a partnership with Nan Ya Plastics Corp to serve the electronics industries. PPG was formed in 1883 and is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 4 |
| Sector (Packaging) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| State (Pennsylvania) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2016) | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-06-08 |
MetoKote
Lima, Ohio, United States MetoKote provides environmentally sound and cost-effective coating solutions including equipment, coating application, and related management and support services to a wide variety of industries such as agriculture, appliance, automotive, computer, construction equipment, electrical, furniture, industrial equipment, recreational, and truck and bus. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-01 |
Deutek SA
Bucharest, Romania Deutek SA is a manufacturer and marketer of a large portfolio of well-known professional and consumer paint brands, including OSKAR and Danke!. The company’s products are sold in more than 120 do-it-yourself stores and 3,500 independent retail outlets in Romania. |
Buy | - |
