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People & Business :: Companies

PPG acquires Masterwork paint stores

8:22 AM MDT | July 1, 2014 | Lindsay Frost

PPG announced today that its North American architectural coatings business has completed acquiring Masterwork Paint (Pittsburgh), an architectural paint distributor. The 13-store acquisition will cover areas throughout western Pennsylvania, Ohio, and New York. Financial terms have not been disclosed. The business produces paints, stains, and specialty coatings. Separately, yesterday the company reached a definitive agreement to acquire Consorcio Comex (Mexico City), a leading Mexican producer of architectural and industrial coatings, for $2.3 billion. The deal...

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