About This Deal
PPG Industries acquired Deft Incorporated for approximately $25 million, a transaction completed in May 2013.
Deft Incorporated operates in Industrial coatings, is based in United States. Deft Incorporated, a privately-owned U.S.-based specialty coatings company; the acquisition enhanced the coatings capabilities of PPG's aerospace and industrial businesses.
The acquisition enhances the coatings capabilities of PPG's aerospace business.
Industrial coatings
Deal Terms
Acquirer
PPG Industries
Target
Deft Incorporated
Value
Approximately $25 million
Date
May 2013
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
United States
Segment
Industrial coatings
Announced
May 1, 2013
Closed
May 1, 2013
In Their Words
In May 2013, the Company completed the acquisition of certain assets of Deft Incorporated, a privately-owned U.S. based specialty coatings company, for approximately $25 million.PPG FY13 10-K, Acquisitions and Dispositions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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