# PPG to acquire ICR, manufacturer of automotive refinish coatings

PPG reached a definitive agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., an Italian manufacturer of automotive refinish and light industrial coatings, with closing expected in Q1 2020.

- Type: Acquisition
- Announced: 2020-01-08
- Where: Italy, Italy
- Status: announced
- Products: automotive refinish paints, light industrial coatings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [PPG](https://endata.com/companies/1215.md) (acquirer)
- [Industria Chimica Reggiana](https://endata.com/companies/44361.md) (target)
- [Industria Chimica Reggiana (ICR) S.p.A.](https://endata.com/companies/44618.md) (target)

## Sources

- [investor.ppg.com](https://investor.ppg.com/news/news-details/2020/PPG-to-Acquire-ICR-Manufacturer-of-Automotive-Refinish-and-Light-Industrial-Coatings/default.aspx), 2020-01-08: "PPG today announced that it has reached a definitive agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries."
- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=17), 2020-01-17: "PPG has reached a definitive agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries."

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