# Océinde acquires PPG's activities in five African countries

Océinde, an industrial group from Reunion Island, acquired PPG's activities in Senegal, Cameroon, Gabon, Ivory Coast and Algeria. The acquisition will create a new division, Mauvilac Industries Africa, with new plants and 250 employees.

- Type: Acquisition
- Announced: 2022-04-13
- Jobs: 250
- Status: completed
- Products: architectural paints and coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PPG Industries](https://endata.com/companies/1219.md) (target)
- [Océinde](https://endata.com/companies/67874.md) (acquirer)

## Sources

- [8advisory.com](https://www.8advisory.com/en/2023/01/15/financial-and-it-dd-of-ppgs-activities-in-5-african-countries-for-oceinde/), 2023-01-15: "This acquisition will allow the Océinde group to continue to develop and strengthen their activities in Africa, with a new division, under the name Mauvilac Industries Africa, with the deployment of new plants and 250 employees."

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