View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
May 19, 2021

PPG completes Worwag acquisition

PPG continues expansion with purchase of Wörwag.

PPG has completed its acquisition of Wörwag, a global manufacturer of coatings for industrial and automotive applications.

The company specialises in developing sustainable liquid, powder and film coatings and has locations in Germany, the US, China, South Africa, Mexico, Spain, Switzerland and Poland, with headquarters in Stuttgart.

Free Report
img

Gauge the impact of shifting M&A volumes in Automotive

Deal-making sentiment seems to have emerged stronger out of the downturn as M&A activity reached a record high during 2021. The momentum set in towards the end of 2020, continued through 2021 with all the quarters reporting deals with a cumulative value of around $1 trillion across the year.  While most deals-based analyses focus on the win or lose for deal participants, GlobalData's League Tables provide you with insights on the Automotive players benefitting from these M&A volumes. The deal types covered in our report include: 
  • Mergers 
  • Acquisitions 
  • Asset transactions 
  • Private equity buyouts 
Use our report to understand your company’s performance across target regions and get insight into the volumes your competitors are able to generate in your markets of focus. 
by GlobalData
Enter your details here to receive your free Report.

Founded in 1918, Wörwag employs around 1,100 people globally.

“The acquisition of Wörwag is another step forward in PPG’s strategic growth plan that will provide further value to our customers and shareholders,” said PPG EVP, Rebecca Liebert.

“Both companies have a strong history of providing high-quality and sustainable solutions. Wörwag’s customer and product footprint, sustainability focus and customer-centric approach are highly complementary to PPG’s business.

“We look forward to serving both PPG and Wörwag customers in new ways.”

PPG is headquartered in Pittsburgh and operates in more than 70 countries, with reported net sales of US$13.8bn in 2020.

Free Report
img

Gauge the impact of shifting M&A volumes in Automotive

Deal-making sentiment seems to have emerged stronger out of the downturn as M&A activity reached a record high during 2021. The momentum set in towards the end of 2020, continued through 2021 with all the quarters reporting deals with a cumulative value of around $1 trillion across the year.  While most deals-based analyses focus on the win or lose for deal participants, GlobalData's League Tables provide you with insights on the Automotive players benefitting from these M&A volumes. The deal types covered in our report include: 
  • Mergers 
  • Acquisitions 
  • Asset transactions 
  • Private equity buyouts 
Use our report to understand your company’s performance across target regions and get insight into the volumes your competitors are able to generate in your markets of focus. 
by GlobalData
Enter your details here to receive your free Report.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto