About This Deal

PPG Industries acquired Whitford Worldwide Company, a transaction completed in March 2019, structured as Acquisition of Whitford Worldwide Company; financial terms undisclosed..

Whitford Worldwide Company operates in Industrial Coatings, is based in United States. Whitford, a privately held company founded in 1969 and headquartered in Elverson, Pennsylvania, manufactures low-friction, wear-resistant coatings for industrial applications in automotive, aerospace, energy and construction, plus nonstick coatings for cookware, bakeware and small electric appliances. It employs more than 700 people across 10 manufacturing facilities worldwide. PPG reported the business within its industrial coatings segment.

Adds low-friction, wear-resistant and nonstick coating technologies to PPG's industrial coatings portfolio and broadens its global manufacturing presence.

Deal Terms

Acquirer
PPG Industries
Target
Whitford Worldwide Company
Value
Not disclosed
Date
March 2019
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Industrial Coatings
Structure
Acquisition of Whitford Worldwide Company; financial terms undisclosed.
Closed
March 1, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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