PPG plans to acquire procoatings, a Dutch wholesaler of architectural paints and coatings, Pittsburgh, USA, January 5, 2018 - PPG (NYSE Code: PPG) recently announced that it has reached a final agreement on the acquisition of procoatings, a leading wholesaler of architectural paints and coatings in the Netherlands. On the premise of meeting the usual transaction conditions, PPG expects the transaction to be completed in the first quarter of 2018. The specific financial terms of the transaction were not disclosedFounded in 2001, procoatings has 23 multi brand paint stores and sells many well-known professional paint brands. The company currently employs nearly 100 employees
ppg senior vice president of global architectural coatings and PPG Europe Jean Marie g, President of the Middle East and Africa region (EMEA), said that exports to developed countries are mainly low-end and medium-sized, reindl said: "7. Using the level bar to adjust the horizontal position of the main engine of the experimental machine, procoatings has a good business situation and provides excellent services to multi-level customers in the West and north of the Netherlands. This acquisition will create more business opportunities for us, so as to better serve local customers and strengthen our influence in this important market in Europe."
PPG's business network in the Netherlands
as the world's leading supplier of paints, coatings and special materials, PPG has been rooted in the Dutch market for many years, and its long history in the Netherlands can be traced back to nearly 300 years ago. At present, PPG employs nearly 1000 employees in the Netherlands and has set up factories in tiel, Delfzijl, Amsterdam, Uithoorn and den Bosch
&emsp and stop the oil pump motor; Recently, PPG passed the "colorful communities" project ™， The project is committed to the transformation of the surrounding communities through volunteer services and donation of PPG products), providing renovation services for the Royal Dutch guide dog foundation in Amsterdam and the 30 ~ 94hrgamsta karaad resident health center in Amsterdam, respectively. In addition, PPG also provided important financial support to the NEMO Science Center in Amsterdam. In addition to the North American business, the company also organized various employee charitable donation activities in the Netherlands and even throughout Europe
PPG: we protect and beautify the world
PPG (NYSE Code: PPG) has always been committed to developing and providing reliable paint, coating and material products for customers for more than 130 years. Adhering to the spirit of dedication and innovation, PPG helps customers cope with all kinds of severe challenges and jointly promotes the progress of the industry. PPG is headquartered in Pittsburgh, the United States. Its operations and R & D institutions are located in more than 70 countries around the world. In 2016, the company's global net sales reached $14.3 billion. PPG provides high value-added products and services to customers in the fields of construction, consumer goods, industry, transportation and their after-sales markets. For more information, please browse