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You are here: Home / News / PPG Acquires Automotive OEM Coatings Manufacturer Hemmelrath

PPG Acquires Automotive OEM Coatings Manufacturer Hemmelrath

January 7, 2019 By CollisionWeek Editor

PPG (NYSE:PPG) today announced an agreement to acquire automotive coatings manufacturer Hemmelrath. The transaction is expected to close in the first half of 2019, subject to customary closing conditions. Financial terms were not disclosed.

PPG logo“We are excited to add Hemmelrath to our robust and diversified automotive coatings offering. This acquisition is another step forward in our strategic growth plan that will provide further value to our customers and shareholders,” said Michael McGarry, PPG chairman and chief executive officer.

Headquartered in Klingenberg, Germany, Hemmelrath is a family-owned manufacturer of coatings for automotive original equipment manufacturers (OEMs). With more than 450 employees,

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Filed Under: News Tagged With: Acquisitions, PPG Industries

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