ipcm n. 74 - March/April 2022

Page 14

BRAND-NEW

PPG Will Acquire the Powder Coatings Manufacturing Business of Arsonsisi The acquisition of Arsonsisi’s coatings business will allow PPG to produce more sustainable metallic bonding powder coatings.

P

PG has announced that it has reached an agreement to acquire

“Already recognized as an innovator in powder coatings, PPG has

the powder coatings business line of Arsonsisi. The financial

demonstrated leadership through powder advancements, including

terms of the transaction, that it is expected to be concluded in

edge coverage and fluoroethylene vinyl ether (FEVE) fluoropolymer

the first quarter of 2022 after customary closing conditions, have not

coatings for architectural metals. PPG is the only total solution

been disclosed.

provider who can supply and service powder and all other coatings

Based in Milan (Italy), Arsonsisi is a supplier of specialty powder

technologies. We are pleased that the addition of this business will

coatings for the architectural and industrial sectors and its powder

offer our EMEA customers expanded powder coating options to meet

coatings business line had almost $15 million revenues in 2021. The

increasing demand for these sustainably advantaged coatings,” stated

agreement will allow PPG to acquire the highly automated, small- and

Michael Shukov, the general manager of PPG Industrial Coatings in the

large-batch capable powders manufacturing plant of Arsonsisi in

EMEA region.

Verbania (Italy) and expand its portfolio to include metallic bonding

“We are proud that PPG has chosen to invest in the field of powder

across Europe, Middle East and Africa, which is one of the fastest

coatings by acquiring Arsonsisi’s powder coating division. We have

growing markets for powder coatings often used in specialty finishes

confidence in PPG’s commitment to carry on our legacy, and in

for automotive, appliance and general industrial applications.

its ability to continue to supply our loyal customers with the high-

In addition, the powder coatings developed by Arsonsisi are a highly

performance powder coatings they require,” commented Carlo

sustainable and offer enhanced durability, transfer efficiency and

Junghanns, the Chairman of Arsonsisi S.p.A.

the ability to be reclaimed or reused during application, so they align with PPG’s goal to have 40% of its sales by 2025 from sustainably

For further information:

advantaged products.

www.ppg.com and https://en.arsonsisi.com

© Arsonsisi

The powders manufacturing plant of Arsonsisi in Verbania (Italy).

08

N. 74 - MARCH/APRIL 2022 - international PAINT&COATING magazine


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