# PPG sells architectural coatings U.S. and Canada business to American Industrial Partners

PPG reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada to American Industrial Partners for $550 million. The transaction is expected to close in late 2024 or early 2025.

- Type: Acquisition
- Announced: 2024-10-17
- Where: United States
- Value: $550.0M
- Status: announced
- Products: architectural coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PPG](https://endata.com/companies/1215.md)
- [American Industrial Partners](https://endata.com/companies/7612.md) (acquirer)

## Sources

- [investor.ppg.com](https://investor.ppg.com/news/news-details/2024/PPG-reaches-agreement-to-sell-architectural-coatings-U.S.-and-Canada-business-to-American-Industrial-Partners-announces-comprehensive-cost-reduction-program/default.aspx), 2024-10-17: "PPG ... today announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners"

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