PPG Completes Acquisition of Automotive Coatings Manufacturer Hemmelrath

Date: 03/05/2019
Categorias: Outras notícias

PPG announced that it has completed its acquisition of automotive coatings manufacturer Hemmelrath. Financial terms were not disclosed.

Headquartered in Klingenberg, Germany, Hemmelrath is a manufacturer of coatings for automotive original equipment manufacturers (OEMs). With more than 450 employees, the company operates manufacturing facilities in Klingenberg and Erlenbach, Germany; Jilin, China; Duncan, South Carolina, United States; and Indaiatuba, Brazil. Hemmelrath supplies automotive plants worldwide, and more than 7 million vehicles are coated with its products each year.

PPG: WE PROTECT AND BEAUTIFY THE WORLD PPG works every day to develop and deliver the paints, coatings and materials that its customers have trusted for more than 135 years. Through dedication and creativity, PPG solves the customers' biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, the company operates and innovates in more than 70 countries and reported net sales of $15.4 billion in 2018. It serves customers in construction, consumer products, industrial and transportation markets and aftermarkets.