Chang, Joseph
July 2007
ICIS Chemical Business;7/30/2007, Vol. 272 Issue 5, p12
Trade Publication
The article focuses on PPG Industries Inc.'s plan to buy Europe's No. 2 coatings maker SigmaKalon for $3 billion. It is noted that the significantly earnings enhancing deal will create the world's largest coatings company, with annual sales of over $9 billion. According to BB&T Capital Markets analyst Frank Mitch the Dutch-based SigmaKalon fits very well with PPG's portfolio and should allow greater penetration into the faster-growing regions of Eastern Europe and Asia.


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