More news
- New Managing Director of BASF’s Coatings division
- Global New Material International (GNMI) to acquire Merck’s Surface Solutions busine...
- Delta Coatings unveils plans for global eco-friendly HQ and plant
- PPG recognised for sustainability progress by FTSE4Good for sixth consecutive year
- ChemQuest expands Business Development team, names four VPs
PPG Industries has announced that it has finalised the purchase agreement to acquire European coatings company Dyrup A/S, based in Copenhagen, Denmark, from its owner, Monberg & Thorsen, a public holding company. The final transaction value, including assumed debt, has been set at €115M (US$160M), based on final due diligence. Both parties have agreed on a closing date of January 5, 2012.