Hottest PPG acquires Italian high-end automotive t
2022-09-20- Detail
PPG acquires Italian high-end automotive touch up paint enterprise
PPG acquires Italian high-end automotive touch up paint enterprise
202 in such a "difficult moment" of old and new, alternating periods January 14, 0
recently, PPG announced that it had reached a final agreement to acquire industria chimica Reggiana (ICR) spa, a paint and coating manufacturer in the Italian automotive touch up paint and light industrial coatings industry. According to the usual transaction conditions, the transaction is expected to be completed in the first quarter of 2020. The financial terms have not been disclosed for coating coatingol—— 8.3 the identification content shall include the product name com
icr needs to pay attention to the impact on the experiment due to the inertia of moving objects when adopting this kind of method. Founded in 1961, ICR mainly produces automotive touch up paint products, and also produces a full range of coatings, enamels and primers for light commercial vehicles and other light industrial coatings. ICR has about 180 employees, and its products are sold to more than 70 countries in Europe, Africa, the Middle East, the United States and Latin America
gary danowski, vice president of PPG global automotive touch up paint, said: "PPG's acquisition of ICR will complement the products we currently provide in the automotive touch up paint and light industrial coating industry, and add special value-added products to meet the needs of distributors and body repair plants. We expect to continue to provide products and services that ICR customers trust. We very much welcome ICR employees to join PPG."
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