PPG to Acquire IVC Industrial Coatings

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PPG Industries (PPG) to Acquire Indiana-Based IVC Industrial Coatings

June 11, 2015 8:12 AM EDT

PPG Industries (NYSE: PPG) announced that it has reached a definitive agreement to acquire IVC Industrial Coatings, Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $100 million. The transaction is expected to close in the third quarter, subject to customary closing conditions. Financial terms were not... More