Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 PPG receives approval from EU regulators to acquire SigmaKalon - Coatings World

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PPG receives approval from EU regulators to acquire SigmaKalon

PPG receives approval from EU regulators to acquire SigmaKalon

By: Tim Wright

Editor-in-Chief, Contract Pharma

PPG Industries’ proposed acquisition of SigmaKalon Group from Bain Capital has been approved by European Union regulators. The total transaction value, including assumed debt, is approximately €2.2 billion.

PPG completed the process of consulting with and obtaining advice from the relevant employee representative bodies in early October. The company anticipates that the acquisition will close within the next 45 days.

SigmaKalon Group is a worldwide coatings producer based in Uithoorn, Netherlands. SigmaKalon produces architectural, protective and marine and industrial coatings, and is a leading coatings supplier in Europe and other key markets across the globe.

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