About This Deal
PPG Industries acquired Spraylat Corp. for approximately $75 million, a transaction completed in December 2012.
Spraylat Corp. operates in Industrial coatings, is based in Pelham, New York (U.S., Europe, Asia). Spraylat Corp., a privately-owned U.S.-based industrial coatings company based in Pelham, N.Y., with production facilities in the U.S., Europe and Asia.
Industrial coatings
Deal Terms
Acquirer
PPG Industries
Target
Spraylat Corp.
Value
Approximately $75 million
Date
December 2012
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
Pelham, New York (U.S., Europe, Asia)
Segment
Industrial coatings
Announced
December 1, 2012
Closed
December 1, 2012
In Their Words
In December 2012, the Company completed the acquisition of the business of Spraylat Corp., a privately-owned U.S. based industrial coatings company, for approximately $75 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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