Deal
PPG Industries acquires Le Joint Francais SNC (Sealants Europe SAS JV)
October 2015
Full acquisition
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The deal at a glance
Private-market deal
PPG Industries acquires Le Joint Francais SNC (Sealants Europe SAS JV)
Deal value
(not disclosed)
Sector
Aerospace coatings
Date
October 2015
VectorShift
Made on VectorShift
PPG Industries acquired Le Joint Francais SNC (Sealants Europe SAS JV), a transaction completed in October 2015.
Le Joint Francais SNC (Sealants Europe SAS JV) operates in Aerospace coatings, is based in France. A majority interest in the automotive and aerospace sealants and adhesives business of Le Joint Francais SNC, a France-based specialty sealants and adhesives manufacturer serving the aerospace, automotive and insulating glass industries; the new joint venture is Sealants Europe SAS.
Aerospace coatings
On October 1, 2015, PPG acquired a majority interest in the automotive and aerospace sealants and adhesives business of Le Joint Francais SNC, a France-based specialty sealants and adhesives manufacturer serving the aerospace, automotive and insulating glass industries.
PPG FY15 10-K, Acquisitions note
Advisors not disclosed
No advisory firms have been disclosed for this transaction.