PPG is set to expand its powder coatings offering in the Europe, Middle East and Africa (EMEA) region thanks to a recently announced agreement to acquire the powder coating manufacturing business of Arsonsisi. The industrial coatings company, based in Milan, Italy, is a leading supplier of specialty powder coatings for the architectural and industrial markets. The acquisition will increase PPG’s capability to produce sustainable coatings, including metallic bonding, one of the fastest growing markets for powder coatings that are often used in specialty finishes for automotive, appliance and general industrial applications. Powder coatings are a highly sustainable product which offer enhanced durability, transfer efficiency and the ability to be reclaimed or reused during application. In an ongoing commitment to sustainable innovations that exceed customer needs, PPG is investing in powder capabilities across the globe and this latest acquisition aligns with the company’s goal to achieve 40% of its sales from sustainably advantaged products by 2025.
PPG is already recognised as a powder coatings innovator and that leadership status is being further enhanced, says Michael Shukov, PPG General Manager, Industrial Coatings, Europe, Middle East and Africa. “PPG is the only total solution provider who can supply and service powder and all other coatings technologies. We are pleased that the addition of this business will offer our EMEA customers expanded powder coating options to meet increasing demand for these sustainably advantaged coatings.
As part of the transaction, PPG will acquire Arsonsisi’s highly automated, small- and large-batch capable, powder manufacturing plant in Verbania, Italy. The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions.