PPG acquires automotive coatings manufacturer

PITTSBURGH — PPG Industries Inc. announced Monday it acquired German automotive coatings manufacturer Cetelon Lackfabrik GmbH, according to a news release.

PPG did not disclose the financial details of the deal.

“The strategic acquisition of Cetelon will allow PPG to further build upon its existing coatings product portfolio, liquid and powder coating technologies and color matching capabilities,” Rebecca Liebert, PPG executive vice president, said in a prepared statement. “Cetelon’s long-standing and established customer relationships will be complementary to PPG’s existing customer base and global presence, and will allow us to continue to deliver industry-leading solutions and drive growth within the transportation industry.”

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