South Carolina-based SEM provides specialty refinish products for the collision repair market.
PPG (NYSE:PPG) today announced that it has reached an agreement to acquire SEM Products, Inc., the manufacturer of specialized automotive refinish products. The transaction is expected to close in the fourth quarter 2018, subject to customary closing conditions. Financial terms were not disclosed.
SEM, headquartered in Rock Hill, South Carolina, is known for various flagship products that offer convenience, including Color Coat, the original flexible coating and mixing system; Bumper Coater, the first product to restore original equipment manufacturer (OEM) finishes on plastic bumpers and cladding; and Dual