The transaction will provide PPG with a highly automated, small- and large-batch capable, powder manufacturing plant in Verbania, Italy
PPG announced that it has completed its acquisition of the powder coatings manufacturing business of Arsonsisi, an industrial coatings company based in Milan, Italy. Financial terms were not disclosed.
The transaction will provide PPG with a highly automated, small- and large-batch capable, powder manufacturing plant in Verbania, Italy. PPG will also now have metallic bonding capabilities in the Europe, Middle East and Africa (EMEA) region. In 2021, the Arsonsisi powder business had sales of approximately $15 million. The acquisition aligns with PPG’s goal to have 40% of its sales by 2025 from sustainably advantaged products.
Powder coatings are one of the fastest growing coating technologies due to their sustainability benefits and excellent performance properties. Powder coatings do not release solvents given their low-VOC nature and are fully reusable, meaning paint that is not deposited on a substrate during application returns to the paint system to reduce waste. In an ongoing commitment to sustainable innovations that exceed customer needs, PPG is investing in powder capabilities across the globe.
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