Welcome Guest to Coatings World    Login || Register
Last Updated Saturday, August 23 2014
Print RSS Feed

PPG and Bain Capital sign agreement for sale of SigmaKalon



By Tim Wright



Published October 8, 2007
Related Searches: Industrial Coatings
PPG's offer to acquire SigmaKalon Group from Bain Capital has been accepted. The total transaction value, including assumed debt, is approximately €2.2 billion. The acquisition continues to be subject to receipt of regulatory approvals.

"The process of consulting with and obtaining advice from the relevant employee representative bodies was cooperative and constructive," said Michael H. McGarry, vice president, coatings, and managing director, PPG Europe. "As a result, we completed this phase of the process and are now seeking approvals from several regulatory agencies in Europe and elsewhere."

Based in Uithoorn, Netherlands, SigmaKalon produces architectural, protective, marine and industrial coatings, and is a leading coatings supplier in Europe and other key markets across the globe. The acquisition would give PPG a stronger, more balanced coatings business in Europe.


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
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Buhler Group (Nanotechnology)
13105 12th Ave. North
Plymouth, MN, 55441-4509
USA
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
US
View Profile
Sun Chemical Corporation Performance Pigments
5020 Spring Grove Avenue
Cincinnati, OH, 45232
USA
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
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
Follow Coatings World On