PPG to acquire Ennis-Flint for $1.15 billion

PPG Industries announced it would buy coatings manufacturer Ennis-Flint in a deal valued at about $1.15 billion. Ennis-Flint employs about 1,000 people globally and its full-year 2020 revenue is expected to be about $600 million.

“Commodity chemicals maker PPG Industries said on Monday it would buy coatings manufacturer Ennis-Flint in a deal valued at about $1.15 billion.”reuters.com

• 3 sources
• reuters.comPPG to buy coatings manufacturer Ennis-Flint in $1.15 bln deal | ReutersNov 30, 2020
• chemweek.comPPG to acquire transportation coatings firm Ennis-FlintNov 30, 2020
• pcimag.comAcquisitions - Articles - Page 13 | PCI MagazineKristin JohanssonJan 5, 2021

Summarized from public sources; check the original articles before acting on it.