PPG Reaches Agreement to Sell Architectural Coatings U.S. and Canada business to American Industrial
PPG announces comprehensive cost reduction program. PPG has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor. The transaction, which is expected to close in late 2024 or early 2025, subject to customary closing conditions, … Continue reading
