PPG Architectural Finishes announced an agreement in principle to acquire the retail-paint business of New Dean & Barry.
PITTSBURGH — PPG Architectural Finishes, a subsidiary of PPG Industries Inc., announced an agreement in principle to acquire the retail-paint business of New Dean & Barry Ltd., a Columbus, OH-based operator of paint stores mostly located in Ohio. Financial details of the transaction, which was expected to be completed in October, were not disclosed.
PPG said the stores would continue to sell Dean & Barry and Pittsburgh Paints architectural and industrial coatings products, in addition to related sundries and other decorative products.