PPG acquires Connecticut-based architectural paint distributor Painter’s Supply

02/06/2014
PPG Industries today announced that its North American architectural coatings business has acquired substantially all of the assets of Painter’s Supply, an independent architectural paint distributor headquartered in Connecticut. Painter’s Supply operates 10 locations in Connecticut and Massachusetts. Financial terms were not disclosed.
 

PITTSBURGH, June 2, 2014 – PPG Industries (NYSE:PPG) today announced that its North American architectural coatings business has acquired substantially all of the assets of Painter’s Supply, an independent architectural paint distributor headquartered in Connecticut. Painter’s Supply operates 10 locations in Connecticut and Massachusetts. Financial terms were not disclosed.

“The acquisition of Painter’s Supply supports our dedication to our professional customers,” said Scott Sinetar, PPG vice president, architectural coatings, North America. “A fundamental part of our strategy is to expand distribution to professional painters and contractors.

“Independent dealers continue to be a key distribution channel for our business and our products, which is why we’re investing more in our independent dealers now than ever before. However, when dealers are looking for a partner, PPG is constantly looking for ways to strengthen its network,” Sinetar continued.

PPG Architectural Coatings is an industry leader in residential and commercial coatings and products. The business produces paints, stains and specialty coatings marketed under well-recognized product lines such as the FLOOD®, GLIDDEN®, LIQUID NAILS®, MANOR HALL®, OLYMPIC®, PPG PITTSBURGH PAINTS®, PPG PORTER PAINTS®, PPG Paints and SIKKENS® brands. Its distribution network includes more than 900 company-owned stores in North America, more than 5,000 independent dealer locations and all major home improvement centers.

PPG: BRINGING INNOVATION TO THE SURFACE.
PPG Industries' vision is to continue to be the world’s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
 
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
FLOOD, GLIDDEN, LIQUID NAILS, MANOR HALL, OLYMPIC, PPG PITTSBURGH PAINTS and PPG PORTER PAINTS are registered trademarks of the PPG group of companies.
SIKKENS is a registered trademark of AkzoNobel.

Media:
Mark Silvey
PPG Corporate Communications
412-434-3046
silvey@ppg.com

Investors:
Vince Morales
PPG Investor Relations
412-434-3740
vmorales@ppg.com
www.ppg.com/investor

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