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PPG Completes Acquisition of VersaFlex

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PPG (NYSE:PPG), Pittsburgh, on Monday said it has completed its acquisition of VersaFlex from DalFort Capital Partners. Financial terms of the deal weren’t disclosed.

VersaFlex is a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring, transportation infrastructure and industrial applications. The company has approximately 130 employees and three manufacturing sites located in Kansas, Oklahoma and Washington. Its full year 2020 revenue was approximately $70 million.

Click here to read MDM’s initial coverage of the deal from Jan. 5.

The post PPG Completes Acquisition of VersaFlex appeared first on Modern Distribution Management.

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