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Issue 4, 2020 - PPG to acquire painter ICR

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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PPG to acquire painter ICR Recently, PPG announced that it has reached a definitive agreement
to acquire Industria Chimica Reggiana (ICR
) S.
p.
A.
, an Italian manufacturer of automotive refinish coatings and light industrial coatings.
The transaction is expected to close
in the first quarter of 2020.
Financial terms have not been disclosed
.

ICR manufactures automotive refinish products, including SPRINT brand putty, primers and varnishes
.
ICR employs around 180 people and sells its products to more than 70 countries and regions
, including Europe, Africa, the Middle East, the United States and Latin America.

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