Keywords
Citation
(1999), "PPG acquire PRC-DeSoto", Aircraft Engineering and Aerospace Technology, Vol. 71 No. 5. https://doi.org/10.1108/aeat.1999.12771eab.025
Publisher
:Emerald Group Publishing Limited
Copyright © 1999, MCB UP Limited
PPG acquire PRC-DeSoto
PPG acquire PRC-DeSoto
Keywords: PPG, PRC-DeSoto, Coatings, Aircraft, Acquisition
PPG Industries has acquired coatings and sealants maker PRC-DeSoto International, Inc., of Glendale, California - formerly Courtaulds Aerospace, Inc. - from Akzo Nobel NV for US$512.5 million.
PRC-DeSoto is a global supplier of coatings and sealants for aircraft and sealants for architectural insulating glass units. It has manufacturing operations in the USA and Europe, as well as application support centres around the world serving aircraft manufacturers and commercial operators. PRC-DeSoto, with annual sales of about US$240 million, employs about 1,200 people.