Paint manufacturer PPG is reporting record-breaking financial results for the first quarter of 2021, highlighting first-quarter net sales roughly 15 percent higher than in 2020. The company is reporting net sales in the first quarter of $3.9 billion, up 14.7 …
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PPG Acquires Nordic Paint Manufacturer Tikkurila
Paint manufacturer PPG has announced it will acquire Finland-based paint manufacturer Tikkurila. Headquartered in Vantaa, Finland, Tikkurila was established in 1862 and is a leading producer and distributor of decorative paint and coatings. It operates in 11 countries and employs …
Read More »Benjamin Moore Acquires Shaw Paints
Benjamin Moore & Co. announced it will acquire its U.K. distribution partner, Shaw Paints Ltd. Effective immediately, Shaw Paints co-founders, Craig and Helen Shaw, will join the Benjamin Moore team and remain based in the U.K. Shaw Paints will become …
Read More »PPG Acquires Coatings Manufacturer Ennis-Flint
Paint manufacturer PPG has announced it will acquire Ennis-Flint, a global manufacturer of coatings, which has a background in pavement marking products. The deal was valued at approximately $1.2 billion and is expected to close within months, PPG says. “The …
Read More »Fulcrum Building Group Acquires Ford Lumber
In a transaction that closed Dec. 1, Fulcrum Building Group acquired a majority interest in Ford Lumber & Millwork Co., Inc. Based in Alabama, Ford Lumber operates two pro lumberyards and one millwork production facility, in Mobile and Baldwin counties. …
Read More »Home Depot to Acquire HD Supply
Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …
Read More »US LBM to Be Acquired by Bain Capital
Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …
Read More »Spectrum Paint to Acquire Assets of Richard’s Paint Mfg.
Spectrum Paint Co. and members of the Richard family have announced plans to acquire the assets of Richard’s Paint Mfg. Co. in Rockledge, Florida. Spectrum, together with Eric Richard and Edward Richard Jr., will make up the ownership team of …
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