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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
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