PPG Completes Acquisition of Automotive Specialty Materials Manufacturer REVOCOAT
PPG Industries announced that it has completed the acquisition of REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry, from the AXSON Group. Financial terms were not disclosed.
“The addition of REVOCOAT to our automotive coatings business strengthens PPG’s global automotive adhesive and sealants product and technology offerings, enabling us to better serve our automotive customers around the world,” said Cindy Niekamp, PPG senior vice president, automotive original equipment manufacturer (OEM) coatings.
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