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In the mid-1980s, Cipisa, a Spanish paint company was acquired and renamed PPG Ibérica and its CEO, Pere Nadal Carres, became CEO of PPG Ibérica. [citation needed] In 1990 PPG founded Transitions Optical as a joint venture with Essilor. [6] In October 2000, PPG Industries announced it had agreed to buy Courtaulds Aerospace for $512.5 million. [7]
Behr Paint Company (stylized as BEHR) is a supplier of architectural paint and exterior wood care products to the American and Canadian do-it-yourself markets. BEHR manufactures interior and exterior house paints, decorative finishes, primers, stains and surface preparation products sold exclusively at The Home Depot . [ 2 ]
PPG Industries announced an agreement to acquire Glidden from AkzoNobel for $1.05 billion on December 14, 2012. The transaction closed April 1, 2013. [ 1 ] Following the deal, PPG will be the second largest paint manufacturer in North America, behind Sherwin-Williams .
Regular Home Depot shoppers know all too well just how easy it is to walk inside the home improvement store and spend hundreds, if not thousands, of dollars during a shopping trip. ...
Comex was the 4th largest paint manufacturer in North America. [39] After Mexican antitrust regulators voted against the deal twice, Sherwin-Williams bought Comex's US and Canadian divisions for $165 million on September 16, 2013. [40] PPG, US-based paint and coating company, acquired Comex's Mexican division for $2.3 billion.
The deal was rejected by Mexico's Comisión Federal de Competencia in November 2013 for antitrust purposes, [3] and a result of such, PPG Industries has agreed to buy Comex for $2.3 billion [4] Sherwin-Williams was still able to purchase Comex' operations in the United States and Canada for $165 million. [5]
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