PPG (NYSE:PPG) today announced that it has completed its previously announced acquisition of SEM Products, Inc., the U.S.-based manufacturer of specialized automotive refinish products. Financial terms were not disclosed.
According to a letter to customers from Greg Benckart, VP, Americas, PPG Automotive Refinish, and Steve Fussy, President, SEM Products, Inc., SEM will continue to operate as an independent, stand-alone company, and customers should experience little to no changes or impacts to how they conduct business with both PPG and SEM.
Headquartered in Rock Hill, South Carolina with a staff of approximately 80 employees, SEM is a leading manufacturer of
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