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PPG Completes Acquisition of Global Coatings Services Provider MetoKote - PPG announced that it has completed its acquisition of MetoKote Corporation and its affiliates - MetoKote.com / PPG.com
PPG Completes Acquisition of Global Coatings Services Provider MetoKote

 

PRZOOM - /newswire/ - Pittsburgh, PA, United States, 2016/07/06 - PPG announced that it has completed its acquisition of MetoKote Corporation and its affiliates - MetoKote.com / PPG.com. NYSE: PPG

   
 
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MetoKote is a U.S.-based coatings services business with 2015 global sales of approximately $200 million. Financial terms were not disclosed.

MetoKote (metokote.com) is headquartered in Lima, Ohio, and has more than 1,500 employees. MetoKote applies coatings to customers’ manufactured parts and assembled products. It operates on-site coatings services within several customer manufacturing locations, as well as at regional service centers, located throughout North America and Europe.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (ppg.com), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 130 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.3 billion in 2015. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

PPG Investor Contact: Scott Minder
P: +1 412-434-3466 - E: sminder[.]ppg.com.

 
 
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Agency / Source: PPG Industries, Inc.

 
 

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PPG Completes Acquisition of Global Coatings Services Provider MetoKote

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PPG | MetoKote Corporation
Contact: Mark Silvey - PPG Corporate Communications 
412-434-3046 silvey[.]ppg.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PPG Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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