{"id":494258,"date":"2021-05-17T08:35:43","date_gmt":"2021-05-17T12:35:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-completes-acquisition-of-global-coatings-manufacturer-worwag\/"},"modified":"2021-05-17T08:35:43","modified_gmt":"2021-05-17T12:35:43","slug":"ppg-completes-acquisition-of-global-coatings-manufacturer-worwag","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-completes-acquisition-of-global-coatings-manufacturer-worwag\/","title":{"rendered":"PPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag"},"content":{"rendered":"

<\/p>\n

PPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag <\/b><\/p>\n

PITTSBURGH–(BUSINESS WIRE<\/a>)–
\nPPG (NYSE: PPG) today announced that it has completed its acquisition of W\u00f6rwag<\/a>, a global manufacturer of coatings for industrial and automotive applications.\n<\/p>\n

\nThe company specializes in developing sustainable liquid, powder and film coatings and operates locations in Germany, the U.S., China, South Africa, Mexico, Spain, Switzerland and Poland, with headquarters in Stuttgart, Germany. Founded in 1918, W\u00f6rwag employs about 1,100 people globally.\n<\/p>\n

\n\u201cThe acquisition of W\u00f6rwag is another step forward in PPG\u2019s strategic growth plan that will provide further value to our customers and shareholders,\u201d said Rebecca Liebert, PPG executive vice president. \u201cBoth companies have a strong history of providing high-quality and sustainable solutions. W\u00f6rwag\u2019s customer and product footprint, sustainability focus and customer-centric approach are highly complementary to PPG\u2019s business. We look forward to serving both PPG and W\u00f6rwag customers in new ways, and continuing to develop an industry-leading automotive coatings portfolio.\u201d\n<\/p>\n

PPG: WE PROTECT AND BEAUTIFY THE WORLD\u2122
\n
<\/b>At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers\u2019 biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com<\/a>.\n<\/p>\n

We protect and beautify the world<\/i> is a trademark and the PPG Logo<\/i> is a registered trademark of PPG Industries Ohio, Inc.\n<\/p>\n

\nCATEGORY Automotive OEM Coatings\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210517005451\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/b>
Mark Silvey
\n
Corporate Communications
\n
+1-412-434-3046
\n
silvey@ppg.com<\/a><\/p>\n

Investor Contact:
\n<\/b>
John Bruno
\n
Investor Relations
\n
+1-412-434-3466
\n
jbruno@ppg.com
\n<\/a>
investor.ppg.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Engineering Chemicals\/Plastics Other Manufacturing Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

PPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag PITTSBURGH–(BUSINESS WIRE)– PPG (NYSE: PPG) today announced that it has completed its acquisition of W\u00f6rwag, a global manufacturer of coatings for industrial and automotive applications. The company specializes in developing sustainable liquid, powder and film coatings and operates locations in Germany, the U.S., China, South Africa, Mexico, Spain, Switzerland and Poland, with headquarters in Stuttgart, Germany. Founded in 1918, W\u00f6rwag employs about 1,100 people globally. \u201cThe acquisition of W\u00f6rwag is another step forward in PPG\u2019s strategic growth plan that will provide further value to our customers and shareholders,\u201d said Rebecca Liebert, PPG executive vice president. \u201cBoth companies have a strong history of providing high-quality and sustainable solutions. W\u00f6rwag\u2019s customer and product footprint, … <\/p>\n

Continue reading “PPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494258","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-completes-acquisition-of-global-coatings-manufacturer-worwag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PPG Completes Acquisition of Global Coatings Manufacturer W\u00f6rwag PITTSBURGH–(BUSINESS WIRE)– PPG (NYSE: PPG) today announced that it has completed its acquisition of W\u00f6rwag, a global manufacturer of coatings for industrial and automotive applications. The company specializes in developing sustainable liquid, powder and film coatings and operates locations in Germany, the U.S., China, South Africa, Mexico, Spain, Switzerland and Poland, with headquarters in Stuttgart, Germany. Founded in 1918, W\u00f6rwag employs about 1,100 people globally. \u201cThe acquisition of W\u00f6rwag is another step forward in PPG\u2019s strategic growth plan that will provide further value to our customers and shareholders,\u201d said Rebecca Liebert, PPG executive vice president. \u201cBoth companies have a strong history of providing high-quality and sustainable solutions. 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