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