PPG announced that it has reached a definitive agreement to acquire Alpha Coating Technologies, LLC, a manufacturer of powder coatings for light industrial applications and heat sensitive substrates.
The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed.
“Alpha’s best-in-class service, technology and quick turnaround color matching capabilities will be a strategic complement to PPG,” said Kevin Braun, PPG vice president, Industrial Coatings, Americas. “We are pleased to welcome Alpha into the PPG family and continue providing our customers with outstanding products and services.”
Alpha Coating Technologies, LLC is involved in development, manufacture and sale of powder coatings for light industrial applications; medium density fiberboard and heat sensitive substrates; and toll manufactures powder coatings for metal and light industrial applications. Founded in 2000, the company employs approximately 35 people at its operations in West Chicago, Illinois.