"The addition of the Vanex facility and a strong team of experienced, customer-focused employees will add more capabilities to the PPG TrueFinish business," said Keith Prins, general manager for PPG TrueFinish industrial coatings.
"The Vanex waterborne coatings are a strong complement to the PPG TrueFinish product offering," said William Wulfsohn, PPG senior vice president of coatings. "What's more, this acquisition will enhance our ability to provide fast turnaround and leading-edge technologies to our customers."
The PPG TrueFinish business provides a range of liquid and powder coatings to manufacturers, custom coaters and distributors throughout North America.