PPG Industries Inc., the global paints, coatings and specialty materials supplier based in Pittsburgh, announced Wednesday that it reached a definitive agreement to acquire Alpha Coating Technologies LLC, which manufacturers powder coatings.
Alpha develops, manufactures and sells powder coatings for light industrial applications, medium density fiberboard and heat-sensitive substrates and toll manufactures powder coatings for metal and light industrial applications. Founded in 2000, Alpha employs approximately 35 people in West Chicago, Illinois.
“Alpha’s best-in-class service, technology and quick turnaround color matching capabilities will be a strategic complement to PPG,” said Kevin Braun, PPG vice president of Industrial Coatings, Americas.
PPG expects the transaction to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed.
“We are pleased to welcome Alpha into the PPG family and continue providing our customers with outstanding products and services,” Braun said.