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PPG Completes Acquisition of Arsonsisi Powder Coatings Manufacturing Business

 Last Update: 2022-05-12
 Source: Internet
 Author: User

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PPG has completed the acquisition of the powder coatings manufacturing business of Arsonsisi, an industrial coatings company based in Milan, Italy
.
Financial terms were not disclosed
.

The deal will provide PPG with a highly automated, low- and high-volume powder manufacturing facility in Verbania, Italy
.
PPG will now also have metal bonding capabilities in the Europe, Middle East and Africa (EMEA) region
.
In 2021, the sales of Arsonsisi's powder business will be approximately $15 million
.

Powder coatings are a sustainable product with low VOC emissions, enhanced durability, high transfer efficiency, and the ability to be recycled or reused during application
.
In keeping with its commitment to sustainable innovation, PPG is investing in powder production capabilities around the world
.

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