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Chemical Week Magazine :: Business & Finance :: United States/Americas

PPG acquires two coatings firms in the US

6:13 AM MDT | June 13, 2014 | —Vincent Valk and LIndsay Frost

PPG Industries has acquired Masterwork (Pittsburgh), a distributor of architectural paints in western Pennsylvania, Ohio, and New York. Masterwork owned and operated 13 stores, which mostly stock PPG products. The purchase price has not been disclosed, and the deal is expected to close during the third quarter of this year. Masterwork’s 13 stores will become part of PPG’s company-owned store network. The deal will improve access to PPG’s products for customers in the professional painter and DIY categories, says Scott Sinetar, v.p./architectural...

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