PPG completes two acquisitions
Pittsburgh-based PPG has acquired Spectra-Tone Paint Corporation, an architectural paint and coatings manufacturer distributing products mainly through 22 company-owned service centers in the western U.S. Spectra-Tone employs approximately 160 people and has its primary manufacturing location in San Bernardino, CA.
In addition, PPG has reached an agreement to acquire Protec Pty. Ltd., Adelaide, Australia, and all assets of Fortec Paints Ltd., Protec’s New Zealand business. Protec is a manufacturer and distributor of automotive refinish coatings, and light industrial and high performance coatings, serving Australia and New Zealand. The company employs approximately 214 people, has one manufacturing facility in Adelaide and operates 14 company-owned service centers.