European Coatings Journal - 17.02.2021 | TOP INDUSTRY MOVE


PPG lost the pole position of being the world's largest producer of paints and coatings when Sherwin-Williams announced the acquisition of Valspar in 2016. The transaction was closed during 2017 and put Sherwin-Williams on the top of that list. In that same year, PPG's failed to acquire Dutch rival Akzo Nobel. Th U.S.-based company dropped its attempt to buy Europe's largest coatings producer in a EUR 26.3 billion deal, stung by repeated rejections from the company, legal defeats and hostility from Dutch politicians. During the last weeks in 2020 and the first weeks in ...
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