PPG completes acquisition Colpisa

PPG completes acquisition of Colpisa

9:34 PM, 18th January 2012
PPG completes acquisition of Colpisa
Tim Knavish, Vice President, Automotive OEM coatings, PPG.

PITTSBURGH, US: PPG Industries announced that it and its subsidiary, PPG Industries Colombia, have completed the acquisition of the coatings businesses of Colpisa Colombiana de Pinturas and its affiliates, including Colpisa Ecuador. “This acquisition is evidence of PPG’s commitment to global growth in coatings. PPG will become the only major coatings supplier with a direct automotive original equipment manufacturer (OEM) coatings present in Colombia and one of the leading providers of a full line of automotive refinish products in Colombia with an established distribution network,” said Tim Knavish, Vice President, Automotive OEM coatings, PPG, Americas.

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