08.02.21
Stuttgart, Germany
www.worwag.de
PRIVATE COMPANY; YEAR ESTABLISHED: 1918
REVENUE: $267 million
MARKETS SERVED
Industrial coatings
KEY EXECUTIVES:
George Saint-Denis, CEO.
Founded in 1918 by Karl Wörwag, the Karl Wörwag Lack-und Farbenfabrik GmbH & Co.KG is a family-owned company, creating environmentally friendly paints and coatings for a wide range of applications, including liquid coatings, powder coatings, UV coatings, and painted films. Headquartered in Stuttgart, Germany, Karl Wörwag Lack-und Farbenfabrik has subsidiary locations in Hebei, China; Cape Town, South Africa; Baden-Dättwil, Switzerland; Swiebodzin, Poland; San Luis Potosi, Mexico; Lafayette, Indiana; and Barcelona, Spain. The company has 1,100 employees and six manufacturing facilities.
In January 2021, PPG announced that it reached a definitive agreement to acquire Wörwag, which was completed in May 2021.
“Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business, and will help to further expand our product offering,” said Rebecca Liebert, PPG executive vice president. “The addition of Wörwag will also enhance PPG’s waterborne, direct-to-metal, liquid and powder coatings offerings, and allow us to further expand current customer distribution in key geographies.”
www.worwag.de
PRIVATE COMPANY; YEAR ESTABLISHED: 1918
REVENUE: $267 million
MARKETS SERVED
Industrial coatings
KEY EXECUTIVES:
George Saint-Denis, CEO.
Founded in 1918 by Karl Wörwag, the Karl Wörwag Lack-und Farbenfabrik GmbH & Co.KG is a family-owned company, creating environmentally friendly paints and coatings for a wide range of applications, including liquid coatings, powder coatings, UV coatings, and painted films. Headquartered in Stuttgart, Germany, Karl Wörwag Lack-und Farbenfabrik has subsidiary locations in Hebei, China; Cape Town, South Africa; Baden-Dättwil, Switzerland; Swiebodzin, Poland; San Luis Potosi, Mexico; Lafayette, Indiana; and Barcelona, Spain. The company has 1,100 employees and six manufacturing facilities.
In January 2021, PPG announced that it reached a definitive agreement to acquire Wörwag, which was completed in May 2021.
“Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business, and will help to further expand our product offering,” said Rebecca Liebert, PPG executive vice president. “The addition of Wörwag will also enhance PPG’s waterborne, direct-to-metal, liquid and powder coatings offerings, and allow us to further expand current customer distribution in key geographies.”