IHS Chemical Week

Markets :: Specialty Chemicals :: Paints and Coatings

PPG acquires wall and ceiling repair firm Homax Group

9:56 AM MDT | June 5, 2014 | Lindsay Frost

PPG Industries has reached a definitive agreement to acquire the Homax Group (Bellingham, WA), a supplier of decorative wall and ceiling texture repair products. The transaction is expected to close in the third quarter. Financial terms of the agreement were not disclosed. Homax is a leading supplier of decorative aerosol drywall and ceiling texturing applications used primarily for home repair. It also supplies various epoxy finishes, patching, caulking and mesh tape repair products, as well as other painting tools and accessories. The company’s prudcts...

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