PPG Industries has agreed to acquire IVC Industrial Coatings in a transaction expected to close in the third quarter.

“Acquiring IVC, which has a large, global distribution footprint, will strengthen our ability to serve a variety of end-use markets and enhance PPG’s supply positions in the US and China,” said Shelley Bausch, PPG vice president, global industrial coatings.

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“The addition of IVC’s high-quality products and industry expertise will further enhance PPG’s ability to deliver a robust portfolio of industry-leading industrial coatings solutions.”