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Sunday, 22 September 2019
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Markets & companies, Coatings market

PPG to acquire aerospace coatings producer Deft

Tuesday, 16 April 2013

Deft supplies structural primers and military topcoats to the North American aviation industry and also has smaller architectural and industrial coatings businesses.

PPG Industries has reached a definitive agreement to acquire certain assets of Deft Inc., a privately-owned specialty coatings company based in Irvine, USA. Deft supplies structural primers and military topcoats to the North American aviation industry; it also has smaller architectural and industrial coatings businesses. The transaction is expected to close in the second quarter, subject to customary closing conditions.

"Acquiring Deft will advance PPG’s strategy to remain a leading aerospace coatings supplier,” said Barry Gillespie, PPG Vice President, Aerospace. "Deft’s waterborne and chrome-free technologies complement PPG’s existing coatings capabilities and will provide PPG with a broader product portfolio, particularly within the aerospace industry.”

The acquisition of Delft strengthens PPG’s position as aerospace coatings supplier. Source: Johnny Lye - Fotolia.com

The acquisition of Delft strengthens PPG’s position as aerospace coatings supplier. Source: Johnny Lye - Fotolia.com

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