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PPG to Acquire German Automotive Coatings Firm

Friday, January 11, 2019

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Global coatings company PPG announced Jan. 7 an agreement to acquire German automotive coatings manufacturer Hemmelrath.

PPG Acquistion

Hemmelrath, headquartered in Klingenberg, Germany, is a family-owned manufacturer of OEM coatings, with more than 450 employees. The company has manufacturing facilities in Erlenbach, Germany; Jilin, China; Duncan, South Carolina; and Indaiatuba, Brazil.

PPG

Global coatings company PPG announced Jan. 7 an agreement to acquire German automotive coatings manufacturer Hemmelrath.

“The fit between Hemmelrath and PPG is complementary. The acquisition will enhance PPG’s automotive coatings offering, and add formulating and manufacturing solutions,” said Rebecca Liebert, PPG senior vice president, automotive coatings.

According to PPG, Hemmelrath provides automotive coatings worldwide. More than 7 million vehicles are treated with the company’s coatings each year.

“We are excited to add Hemmelrath to our robust and diversified automotive coatings offering,” said Michael McGarry, PPG chairman and chief executive officer. “This acquisition is another step forward in our strategic growth plan that will provide further value to our customers and shareholders.”

   

Tagged categories: Acquisitions; Automotive coatings; Business operations; EU; Europe; NA; North America; PPG; Program/Project Management

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