PPG completes sale Plaka plasterboard business Knauf

PPG completes sale of Plaka plasterboard business to Knauf

7:03 AM, 6th June 2017
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PITTSBURGH, US: PPG Industries Inc (PPG) said that it has completed the sale of its Mexico-based Plaka plasterboard and cement-board business to Knauf International GmbH.

PPG acquired the Plaka business in 2014 as part of its acquisition of Consorcio Comex, SA de CV Plaka, with approximate sales of $30 million in 2015, manufactures plasterboard, cement board and drywall primarily for the Mexican construction market.

The business employs about 200 people and operates two manufacturing facilities in Queretaro, Mexico.

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