PITTSBURGH - PPG has reached a definitive agreement to acquire ProCoatings, a leading architectural paint and coatings wholesaler located in The Netherlands. PPG expects the transaction to close in the first quarter of 2018, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
ProCoatings, established in 2001, distributes a large portfolio of well-known professional paint brands through its network of 23 multi-brand stores. The company employs nearly 100 people.