About This Deal
PPG Industries acquired Chemfil Canada Limited (remaining interest), a transaction completed in September 2015.
Chemfil Canada Limited (remaining interest) operates in Automotive OEM coatings, is based in Canada. The remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises producing pretreatment products and general industrial chemicals for automotive OEMs and industrial customers in Canada.
The acquisition enhances PPG's pretreatment presence and capabilities in Canada.
Automotive OEM coatings
Deal Terms
Acquirer
PPG Industries
Target
Chemfil Canada Limited (remaining interest)
Value
Not disclosed
Date
September 2015
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
Canada
Segment
Automotive OEM coatings
Announced
September 30, 2015
Closed
September 30, 2015
In Their Words
On September 30, 2015, PPG completed the acquisition of the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises.PPG FY15 10-K, Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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