PPG to acquire aerospace coatings producer Deft

摘要

PPG Industries has reached a definitive agreement to acquire certain assets of Deft Inc., a privately-owned specialty coatings company based in Irvine, USA. Deft supplies structural primers and military topcoats to the North American aviation industry; it also has smaller architectural and industrial coatings businesses. The transaction is expected to close in the second quarter, subject to customary closing conditions.