# Knauf to acquire PPG's Plaka gypsum business in Mexico

PPG Industries agreed to sell its Plaka gypsum and cement board business in Mexico to Knauf International GmbH. The deal includes a manufacturing plant in Querétaro, Mexico, and is expected to close in the first half of 2017.

- Type: Acquisition
- Announced: 2017-04-18
- Where: Querétaro, Mexico, Mexico
- Jobs: 200
- Status: announced
- Products: gypsum board, cement board, drywall
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PPG Industries](https://endata.com/companies/1219.md) (target)
- [Knauf International GmbH](https://endata.com/companies/23643.md) (acquirer)

## Sources

- [lexlatin.com](https://lexlatin.com/noticia/baker-mckenzie-basham-asisten-compraventa-ppg-knauf-mexico), 2017-04-18: "PPG alcanzó un acuerdo definitivo para vender a Knauf International GmbH los activos de su negocio Plaka, de placas de yeso y cemento, con sede en México."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.