About This Deal
PPG Industries acquired The Crown Group, a transaction completed in October 2017.
The Crown Group operates in Industrial coatings, is based in United States (11 U.S. sites). The Crown Group (Crown), a U.S.-based coatings application services business and one of the leading component and product finishers in North America, applying coatings to customers' manufactured parts at 11 U.S. sites for the automotive, agriculture, construction, heavy truck and alternative energy industries.
Industrial coatings
Deal Terms
Acquirer
PPG Industries
Target
The Crown Group
Value
Not disclosed
Date
October 2017
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
United States (11 U.S. sites)
Segment
Industrial coatings
Announced
October 2, 2017
Closed
October 2, 2017
In Their Words
On October 2, 2017, PPG acquired The Crown Group (Crown), a U.S.-based coatings application services business, which is reported as part of PPG's Industrial Coatings reportable segment.PPG FY18 10-K, Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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