One of the pioneers in the global market, PPG has been manufacturing and providing specialty paints, coatings, and materials for 135 years in the market. They solve the most significant challenges for customers and collaborate closely to find the right path forward with the industry’s leading experts. PPG has a long tradition of innovation, sustainable product development, and community participation and commitment. PPG has a long history of developingcutting-edge technology, meeting the highest quality standards, and meet the demands of customers.PPG, through innovation leadership, helps customers to enhance surfaces more than any other company in industrial, transport, consumer and construction and aftermarket markets.
The companies that are partnering with PPG work together to provide new insights into the industry and one of the recent partners of PPG, is Hemmelrath.
PPG has recently announced a final agreement to acquire Hemmelrath, the manufacturer of automotive coverings. The transactions will close under customary closing conditions in the first half of 2019. HQ is a family-owned producer of coatings for manufacturers of automotive original equipment (OEMs), headquartered in Klingenberg, Germany. Operating in Klingenberg and Erlenbach, Germany; Jilin, China; Duncan, South Carolina, United States, and Indaiatuba, Brazil, the firm employs more than 450 employees. Hemmelrath supplies car facilities worldwide, with its products being coated annually in more than 7 million vehicles. Hemmelrath supplies worldwide to over fifty automotive plants; more than seven million cars worldwide are covered annually with company products.
“The fit between Hemmelrath and PPG is complimentary. The acquisition will enhance PPG’s automotive coatings offering, and add formulating and manufacturing solutions,” says Rebecca Liebert, PPG senior vice president, automotive coatings.
The acquisition may result in substantial differences between actual events and the current expectations as well as in certain risks and uncertainties. This includes the meeting of acquisition conditions and other related risks associated with acquisition completion and the associated actions, the ability of all parties to complete the acquisition within their expected time limits and timetable, the capability of PPG to deliver the anticipated acquisition benefits; and other risk and uncertainty discussed in the regular reports from PPG and those submitted to the Securities and Exchange Commission.