PPG Industries completes IVC Industrial Coatings acquisition
Published: Thursday, 03 September 2015
IVC’s line of speciality industry coatings will now become part of PPG, which hopes that the deal will allow it further access to China, a growing market in the coatings industry.
Pittsburgh, US-headquartered PPG
Industries Inc. has completed its purchase of IVC Industrial
Coatings Inc., an Indiana, US-based producer of speciality
powder and liquid coatings for industrial purposes.
PPG did not say how much it paid for IVC, which was founded
in 1870 as the Indiana Varnish Co. Headquartered in Brazil,