About This Deal
PPG Industries acquired Ennis-Flint, a transaction completed in December 2020.
Ennis-Flint operates in Traffic solutions (Performance Coatings), is based in Global. Ennis-Flint, a global manufacturer of a broad portfolio of pavement marking products, including traffic paint, hot-applied and preformed thermoplastics, raised pavement markers and intelligent transportation systems; funded using cash on hand and formed the basis of PPG's new traffic solutions business.
The acquisition created PPG's traffic solutions business within its Performance Coatings segment.
Traffic solutions (Performance Coatings)
Deal Terms
Acquirer
PPG Industries
Target
Ennis-Flint
Value
Not disclosed
Date
December 2020
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
Global
Segment
Traffic solutions (Performance Coatings)
Announced
December 23, 2020
Closed
December 23, 2020
In Their Words
On December 23, 2020, PPG completed the acquisition of Ennis-Flint, a global manufacturer of a broad portfolio of pavement marking products. PPG funded this transaction using cash on hand.PPG FY20 10-K, Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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