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IN THE NEWS
NEW DATES! PPG to Acquire Global Coatings
POWDER Manufacturer Ennis-Flint
COATING
WEEK
202 1
Custom PPG has reached a definitive agreement to acquire Ennis-Flint, a
global manufacturer of coatings with a portfolio of pavement
Coater marking products, including paint, thermoplastics and other traf-
FORUM billion, is expected to close within the next few months.
fic technologies. The transaction, valued at approximately US$1.15
“The acquisition of Ennis-Flint will further expand our product
®
PRESENTED BY offering and opportunities in rapidly developing and high-growth
mobility technology solutions,” says Michael McGarry, PPG
POWDER COATING 101 Chairman and CEO. “The company is well known for its high-
Powder Coating Done Right: The Basics quality products, technical expertise and innovative systems. The
addition of Ennis-Flint’s products further enhances our existing
mobility technologies in support of increased automotive occupant
safety through driver-assisted and autonomous driving systems.
We look forward to the Ennis-Flint team joining PPG and working
Technical Conference together to further expand the company’s product distribution on a
®
global scale.”
PPG says it formed a mobility focus team in 2017 to develop
mobility technologies and innovative technical solutions that
provide increased functionality and solve new and unique
requirements for electric, hybrid and autonomous vehicles.
Mobility-related products developed by PPG include battery-
specific coatings for safety and performance, autonomous vehicle
coatings for vehicle and infrastructure visibility, and interior
coatings for surface functionality and durability.
Ennis-Flint supplies a wide range of products including traffic
paint, hot-applied and preformed thermoplastics, raised pavement
markers and intelligent transportation systems.
“We are excited to join the global PPG family,” says Matt Soule,
President and CEO of Ennis-Flint. “Our products and technologies
are excellent complements to PPG’s current product offering, and
the ability to leverage PPG’s world-class innovation and broad geo-
graphical footprint will provide more growth opportunities for our
products and employees in the future.”
PPG will provide additional details relating to the business
April 27-30, 2021 acquisition, including acquisition-related financial impacts,
during the company’s fourth quarter earnings conference call in
January 2021.
www.ppg.com
Renaissance Orlando
at SeaWorld® The acquisition of Ennis-Flint will
further expand our product offering and
conference.powdercoating.org opportunities in rapidly developing and
high-growth mobility technology solutions.
10 CANADIAN FINISHING & COATINGS MANUFACTURING JANUARY/FEBRUARY 2021