About This Deal
PPG Industries acquired DEUTEK S.A., a transaction completed in January 2017.
DEUTEK S.A. operates in Architectural coatings - EMEA, is based in Romania. DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer, acquired from the Emerging Europe Accession Fund; brands include OSKAR and DANKE!, sold across more than 120 do-it-yourself stores and 3,500 independent retail outlets in Romania.
Architectural coatings - EMEA
Deal Terms
Acquirer
PPG Industries
Target
DEUTEK S.A.
Value
Not disclosed
Date
January 2017
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
Romania
Segment
Architectural coatings - EMEA
Announced
January 5, 2017
Closed
January 5, 2017
In Their Words
On January 5, 2017, PPG completed the acquisition of DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer, from the Emerging Europe Accession Fund.PPG FY16 10-K, Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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