PPG Buys Automotive Materials Supplier Revocoat
02.04.2015 -
US-based PPG Industries has completed the acquisition of Revocoat from the Axson Group. Financial details were not disclosed.
Headquartered in France, Revocoat is a global supplier of sealants, adhesives and damper products for the automotive industry. It employs more than 500 people and operates eight manufacturing facilities and one R&D center.
"The addition of Revocoat to our automotive coatings business strengthens PPG's global automotive adhesive and sealants product and technology offerings, enabling us to better serve our automotive customers around the world," said Cindy Niekamp, PPG's senior vice president, automotive original equipment manufacturer (OEM) coatings.