PPG Industries acquired VersaFlex, a transaction completed in February 2021, structured as Acquisition of VersaFlex; financial terms undisclosed..
VersaFlex operates in Performance Coatings (Protective & Marine Coatings), is based in United States. VersaFlex manufactures polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure and industrial applications. PPG completed the acquisition to expand its protective and marine coatings offering, particularly for infrastructure and wastewater operations.
Broadens PPG's protective coatings portfolio with polyurea, epoxy and polyurethane technologies for water/wastewater and infrastructure markets.
Advisory firms were not disclosed for this transaction.