IHS Chemical Week

People & Business :: M&A

PPG completes $1.05-billion purchase of AkzoNobel North American decorative coatings unit

10:51 AM MDT | April 1, 2013 | Robert Westervelt

PPG Industries has completed the $1.05-billion purchase of AkzoNobel's North American architectural coatings business. The acquired business had 2012 sales of €1.19 billion ($1.57 billion) and Ebitda of €19 million, according to AkzoNobel. The business had 4,670 employees at the end of 2012. The acquisition “further extends PPG’s architectural coatings business in the United States, Canada, and the Caribbean and continues the accelerated pace of our business portfolio transformation,” says Charles Bunch, PPG chairman and CEO...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa