PPG completes acquisition of automotive coatings manufacturer Hemmelrath
23 April 2019
PPG today announced that it has completed the acquisition of Hemmelrath, the manufacturer of automotive coatings. The financial terms have not been disclosed.
Hemmelrath, a German company based in Klingenberg, manufactures coatings used by original equipment manufacturers (OEMs). It employs more than 450 people and has production facilities in Klingenberg and Erlenbach (Germany), Jilin in China, Duncan in the state of South Carolina (United States), and Indaiatuba in Brazil. Each year, its coatings are applied to more than 7 million vehicles in automotive factories around the world.
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Contacts
Media Contact:
Mark Silvey
Corporate Communications
+ 1-412-434-3046
silvey@ppg.com
Investor Contact:
John Bruno
Investor Relations
+ 1-412-434-3466
jbruno@ppg.com
investor.ppg.com
Source: businesswire.com