Trade Resources Industry Views PPG Acquires Automotive Specialty Materials Manufacturer Revocoat

PPG Acquires Automotive Specialty Materials Manufacturer Revocoat

PPG Industries has announced that it has completed the acquisition of REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry, from the AXSON Group. Financial terms were not disclosed.

“The addition of REVOCOAT to our automotive coatings business strengthens PPG’s global automotive adhesive and sealants product and technology offerings, enabling us to better serve our automotive customers around the world,” said Cindy Niekamp, PPG senior vice president, automotive original equipment manufacturer (OEM) coatings.

REVOCOAT, headquartered in France, is a world leader in automotive adhesives and sealants and offers a range of automotive assembly products such as complementary epoxy-based products, polyurethanes and water-based emulsions. REVOCOAT employs more than 500 people and operates eight manufacturing facilities and one research and development center. 

 

Source: http://www.coatingsworld.com/contents/view_breaking-news/2015-04-02/ppg-completes-acquisition-of-automotive-specialty-materials-manufacturer-revocoat/
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PPG Completes Acquisition of Automotive Specialty Materials Manufacturer Revocoat
Topics: Construction