PPG Industries Inked Contract to Purchase Coatings Manufacturer in Mexico

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07 Jul 2014 07:51 Helen Clark

CHEMMONITOR.COM – PPG Industries (the US) will buy coatings producer Consorcio Comex (Mexico) for USD 2.3 billion.

Consorcio Comex, which owns eight facilities and six distribution units,  supplies its materials for Mexican and Central American markets. With 3,900 employees, the firm’ revenues totaled USD 1 billion in 2013.

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