PPG Signs Agreement to Acquire Barloworld Coatings, Makes Offer for SigmaKalon - Posted 7/25/07
PPG Industries Australia Pty. Ltd., a subsidiary of PPG Industries, has reached agreement to acquire Barloworld Coatings Australia, the architectural paint unit of South African-based Barloworld, Ltd. In a separate transaction, PPG Industries has made an offer to purchase SigmaKalon Group, a worldwide coatings producer based in Uithoorn, Netherlands, from global private investment firm Bain Capital.