Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, August 27 2014
Print RSS Feed

PPG to acquire Barloworld Coatings Australia



By Tim Wright



Published July 20, 2007
Related Searches: Architectural Coatings Marine Coatings
PPG Industries Australia Pty. Ltd., a subsidiary of PPG Industries has reached an agreement to acquire Barloworld Coatings Australia, the architectural paint unit of South African-based Barloworld, Ltd., a multinational industrial brand management company. Completion of the acquisition is subject to customary closing conditions, including receipt of required regulatory approvals. Terms were not disclosed.

Barloworld Coatings Australia, a leading Australian architectural and decorative paint manufacturer, produces Taubmans, Bristol and White Knight brands of architectural coatings. The company operates two production facilities in Villawood, New South Wales, and Glen Waverley, Victoria. Barloworld Coatings Australia distributes products through 85 company-owned stores, a network of sole-brand distributors and numerous independent dealers. In addition, the company's paints are sold through Bunnings, Australia's largest home-improvement retailer, and exported to New Zealand. The business employs approximately 750 people.

Barloworld's plant in Glen Waverley will not be acquired by PPG, but will continue to manufacture Barloworld brand products for PPG until production and distribution activities are transferred to other locations.

PPG Industries Australia Pty. Ltd. is a market leader in automotive, industrial, protective and marine coatings. The subsidiary has manufacturing plants in Clayton, Victoria, and Adelaide, South Australia, and employs more than 800 people in Australia. The purchase of Barloworld Coatings Australia will make PPG the largest coatings manufacturer in Australia.

"We are continuing to accelerate our profitable growth in coatings by making strategic acquisitions," said J. Rich Alexander, senior vice president, coatings. "The Barloworld coatings brands are well-respected in Australia. By acquiring Barloworld's Australian coatings business, we'll be well-positioned to be the leading coatings manufacturer operating in all market segments and channels in Australia."

Greg DeCamp, managing director, Australia and New Zealand, said, "The acquisition of Barloworld Coatings Australia will complement our existing businesses and enable PPG to enter the wider architectural coatings market. We'll be able to bring our global technology, long-term commitment and stability to the Australian coatings market."


blog comments powered by Disqus
Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Buhler Group (Nanotechnology)
13105 12th Ave. North
Plymouth, MN, 55441-4509
USA
View Profile
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
US
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
Taiwan
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Follow Coatings World On