PPG Completes SigmaKalon Deal

PPG Industries says it has completed its SigmaKalon Group (Uithoorn, the Netherlands) purchase from private equity firm Bain Capital (Boston) for €2.2 billion ($3.2 billion) (CW, July 25, 2007, p. 11). SigmaKalon posted 2006 sales of €2 billion. SigmaKalon makes architectural, protective, marine, and industrial coatings, and is the number two European coatings producer, behind Akzo...

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