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2008.03.27PPG COMPLETES ACQUISITION OF SIGMAKCALON GROUP

PITTSBURGH, Jan. 2, 2008

PPG Industries (NYSE:PPG) today announced that it had completed the acquisition of SigmaKalon Group, a worldwide coatings producer based in Uithoorn, Netherlands, from global private investment firm Bain Capital. The total transaction value, including assumed debt, was approximately €2.2 billion (US$3.2 billion). The company expects to add approximately $3 billion in sales annually as a result of the acquisition. More informations in Press Releases.

 

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