About This Deal

PPG Industries acquired VersaFlex, a transaction completed in February 2021, structured as Acquisition of VersaFlex; financial terms undisclosed..

VersaFlex operates in Performance Coatings (Protective & Marine Coatings), is based in United States. VersaFlex manufactures polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure and industrial applications. PPG completed the acquisition to expand its protective and marine coatings offering, particularly for infrastructure and wastewater operations.

Broadens PPG's protective coatings portfolio with polyurea, epoxy and polyurethane technologies for water/wastewater and infrastructure markets.

Deal Terms

Acquirer
PPG Industries
Target
VersaFlex
Value
Not disclosed
Date
February 2021
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Performance Coatings (Protective & Marine Coatings)
Structure
Acquisition of VersaFlex; financial terms undisclosed.
Closed
February 19, 2021

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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