Welcome Guest to Coatings World    Login || Register
Last Updated Friday, October 31 2014
Print

Grace Matthews advises Spraylat Corp. on its Sale to PPG Industries



Published December 19, 2012
Related Searches: Powder Coatings Industrial Coatings
Grace Matthews, Inc. has announced PPG Industries has acquried Spraylat Corporation, a global producer of industrial powder and liquid coatings. Headquartered in Pelham, NY, Spraylat maintains manufacturing facilities in North America, Europe, and Asia and sells products to customers in more than

50 countries. The company is a leader in many of the niche markets it serves, including automotive wheel and tire coatings, electronic conductive coatings, mirror coatings and solutions, and architectural powder coatings.  The acquisition strengthens PPG’s capabilities in industrial coatings and provides access to Spraylat’s strong technology and customer base.

With extensive experience in paints and coatings M&A, Grace Matthews was engaged by the shareholders of Spraylat to identify high-potential buyers and run a timely, targeted sale process.  Doug Mitman and Andy Hinz led the deal team for Grace Matthews.

“Grace Matthews has known and admired Spraylat for many years, and we were fortunate to work with the owners to find a home for this excellent, third-generation, family-owned business,” said Mitman. “Unlike many privately held coatings companies, Spraylat has developed an extensive global footprint through the hard work of the owners and their employees over the past several decades. PPG recognized the cultural, strategic, and product fits between the organizations and will be a strong steward of the business going forward.”


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
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
Canada
View Profile
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
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
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Follow Coatings World On