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Comex sells paint and coatings. As of 2013, the company distributed its products through 234 Comex stores in the United States, 80 Comex stores and 1500 external retailers in Canada. It also operates five manufacturing sites in the US and three in Canada. [3] In January 2016, Comex opened its 4,000th store in Mexico. [9]
Dulux Australia was formerly a major player in all paint markets (decorative, automotive, refinish, industrial, powder coatings), but sold off the technical markets (and the Clayton site) to PPG Industries, concentrating on decorative, woodcare and powder coatings, and moving to a new site on Dandenong Road, Clayton, previously owned by Pond's.
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PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
Comex was the 4th largest paint manufacturer in North America. [38] 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. [39] PPG, US-based paint and coating company, acquired Comex's Mexican division for $2.3 billion.
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