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People & Business :: M&A

PPG completes acquisition of Homax

6:10 AM MDT | July 3, 2014 | Lindsay Frost

PPG Industries says that it has completed the previously announced acquisition of the Homax Group (Bellingham, WA), a supplier of decorative wall and ceiling texture repair products, from Olympus Partners (Stamford, CT). Financial terms of the agreement were not disclosed. Homax supplies decorative aerosol drywall and ceiling texturing products used primarily for home repair. It also supplies various epoxy finishes, patching, caulking, and mesh tape repair products, and other painting tools and accessories. Homax will now form part of PPG’s architectural...

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