PPG Finishes the Acquisition of Specialty Material Producer Dexmet

  • Published | 30 August 2019

The acquisition done by PPG will help the company to expand its business across the globe 

Global: PPG had completed its acquisition of Dexmet Corporation, a manufacturer of specialty materials for surfaces in aerospace, automotive and industrial applications. Sverica Capital Management proclaimed the signing of a purchase agreement to sell Dexmet to PPG. This marks the culmination of a positive partnership with Dexmet, during which the company experienced strong growth over Sverica's six-year investment period. The acquisition of Dexmet will enable PPG to deliver further value to customers by enhancing its range of product offerings, expanding research and development capabilities, and increasing market reach across aerospace, automotive and industrial coatings businesses.

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