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PPG to Acquire Powder Coatings Manufacturer

Tuesday, February 18, 2020

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Earlier this month, global coatings supplier PPG (Pittsburgh) announced that it had reached an agreement to acquire powder coatings manufacturer Alpha Coating Technologies, LLC.

Alpha primarily manufactures, develops and promotes the sale of its powder coatings, designed for light industrial applications, medium-density fiberboard and heat-sensitive substrates. However, the company also manufactures powder coatings for metal and other light industrial applications.

© iStock.com / jfarleyphoto

Earlier this month, global coatings supplier PPG (Pittsburgh) announced that it had reached an agreement to acquire powder coatings manufacturer Alpha Coating Technologies, LLC.

“Alpha’s best-in-class service, technology and quick turnaround color matching capabilities will be a strategic complement to PPG,” said Kevin Braun, PPG Vice President, Industrial Coatings, Americas.

“We are pleased to welcome Alpha into the PPG family and continue providing our customers with outstanding products and services.”

The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms regarding the acquisition were not disclosed.

   

Tagged categories: Acquisitions; Asia Pacific; Business management; Business matters; Business operations; EMEA (Europe, Middle East and Africa); Latin America; North America; Powder Coatings; PPG; Program/Project Management; Z-Continents

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