Thanks to a number of acquisitions, PPG is set to further expand on the technologies, products and capabilities it’s able to offer to its global customer base.
PPG’s incredibly diverse coatings portfolio is gearing up to grow even further due to several exciting acquisitions that are currently in progress or just completed. Each is expected to add a complementary layer to the company’s position as the world’s leading coatings manufacturer.
As a global leader in pavement markings and traffic safety solutions, Ennis-Flint, is considered to be an excellent fit with PPG. The completed acquisition brings a wide range of products, including traffic paint, hot-applied and preformed thermoplastics, raised pavement markers and intelligent transportation systems, along with approximately 1,000 employees globally, a network of manufacturing facilities, including in Melbourne, and the company’s Asia / Pacific headquarters in Sydney.
Expected to be completed in the first half of 2021, the acquisition of, Wörwag, adds a global manufacturer that specialises in developing sustainable liquid, powder and film coatings for industrial and automotive applications. “Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business and will help to further expand our product offering,” said Rebecca Liebert, PPG Executive Vice President. “The addition of Wörwag will also enhance PPG’s waterborne, direct-to-metal, liquid and powder coatings offerings and allow us to further expand current customer distribution in key geographies.”
VersaFlex is another specialist coatings manufacturer which is being acquired by PPG. It specialises in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring, transportation infrastructure and industrial applications. “VersaFlex’s attractive segment mix with strong growth outlook, unique product offering, broad expertise and manufacturing capabilities in polyurea and flooring coatings will complement and expand upon PPG’s current product offering,” said Ram Vadlamannati, PPG Senior Vice President, Protective and Marine Coatings and President, Europe, Middle East and Africa. “This acquisition supports PPG’s commitment to growing our industry-leading technology portfolio and customer touchpoints.”