PPG

PPG manufactures and distributes industrial coatings, architectural paints and packaging sealants for aerospace and construction sectors. Read more

12,848 Followers on Owler
12,848 Followers on Owler
12,848 Followers on Owler
12,848 Followers on Owler

PPG

PPG manufactures and distributes industrial coatings, architectural paints and packaging sealants for aerospace and construction sectors. Read more

Michael H McGarry's photo - Chairman & CEO of PPG

Chairman & CEO

Michael H McGarry

CEO Approval Rating

75/100

Founded:

1883

Status:

PublicIndependent CompanyNYSEPPG

PPG TOP COMPETITORS OR ALTERNATIVES

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AkzoNobel is perceived as one of PPG's biggest rivals. AkzoNobel was founded in 1994 in Amsterdam, Noord-Holland. AkzoNobel is in the Specialty Chemicals field. AkzoNobel generates $3.4B less revenue than PPG.

Axalta is PPG's #2 rival. Axalta is a Public company that was founded in 1866 in Philadelphia, Pennsylvania. Axalta competes in the Specialty Chemicals field. Compared to PPG, Axalta has 34,300 fewer employees.

BASF is one of PPG's top competitors. BASF's headquarters is in Ludwigshafen, Rhineland-Palatinate, and was founded in 1865. Like PPG, BASF also operates in the Specialty Chemicals industry. BASF generates 555% of PPG's revenue.

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PPG Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$13.8B

PPG's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 6.6B. Over the last four quarters, PPG's revenue has grown by 11.3%. Specifically, in Q4 2020's revenue was $3.8B; in Q3 2020, it was $3.7B; in Q2 2020, it was $3B; in Q1 2020, PPG's revenue was $3.4B.

PPG Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Cetelon Lackfabrik GmbH

Apr 2021

Source »
undisclosed
Cetelon is a Germany-based chemical company that manufactures and supplies paints, coating materials and other related products for automotive and electronics industries.
Karl Worwag Lack- und Farbenfabrik GmbH & Co. KG

Jan 2021

Source »
undisclosed
Worwag is a chemical company that manufactures and supplies paint films, liquid and powder coatings for industrial and automotive applications.
VersaFlex Incorporated

Jan 2021

Source »
undisclosed
VersaFlex is a manufacturer and distributor of polyurea, epoxy and polyurethane coatings for flooring and transportation infrastructure applications.
Tikkurila Group

Dec 2020

Source »
$1.3B
Tikkurila manufactures and markets paints, lacquers, and coatings for residential and commercial sectors.
Ennis-Flint, Inc.

Nov 2020

Source »
$1.1B
Ennis Flint manufactures and distributes pavement markings, infrared heaters, and retroreflectometers for military and commercial sectors.

These are all the companies that PPG has acquired. PPG has acquired 32 companies and its latest acquisition was Cetelon Lackfabrik GmbH in Apr 2021. Cetelon is a Germany-based chemical company that manufactures and supplies paints, coating materials and other related products for automotive and electronics industries.

PPG Funding History

Since PPG was founded in 1883, it has participated in 1 round of funding. In total PPG has raised $154.2M. PPG's funding round was on Feb 2019 for a total of $154.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Feb 2019
$154.2M
-

Since PPG was founded in 1883, it has participated in 1 round of funding. In total PPG has raised $154.2M. PPG's funding round was on Feb 2019 for a total of $154.2M

PPG Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

The Culture Trip is an online platform that publishes personalized content and recommendations in the areas of travel, food, art and literature.
$80M
Apr 22, 2018
Series B
-
PGW manufactures and distributes automotive glass products such as side windows and sunroofs for auto and truck manufacturing firms.
-
Apr 21, 2016
Equity
Feb 01, 2016

These are all the companies that PPG has invested in. PPG has invested 32 companies and its latest investment was Cetelon Lackfabrik GmbH in Apr 2021. Cetelon is a Germany-based chemical company that manufactures and supplies paints, coating materials and other related products for automotive and electronics industries.

PPG News

April 22, 2021MarketScreener

ERGOLUXE Coatings for Metal Office Furniture

(marketscreener.com) Durable powder coatings deliver consistent gloss, color consistency, sustainabil... See more »
April 20, 2021Coatings World

PPG Publishes Sustainability Report

Reported 35% of sales from sustainably advantaged products and processes.... See more »
April 20, 2021Market Report Company

PPG acquires German automotive wheel coatings producer Cetelon

MOSCOW (MRC) -- PPG completed the acquisition of Germany-based automotive wheel coatings manufacturer... See more »
April 19, 2021Markets Insider

PPG Buys Cetelon Lackfabrik GmbH; Financial Terms Not Disclosed - Quick Facts

(RTTNews) - PPG Industries, Inc. (PPG) announced Monday that it has acquired Cetelon Lackfabrik GmbH,... See more »
April 19, 2021The Business Journals: Pittsburgh Business Times

PPG acquires automotive coatings manufacturer

The German company has 95 employees globally.... See more »
April 19, 2021MarketScreener

PPG Industries, Inc. supplements the tender offer document dated January 14, 2021 relating to the voluntary recommended public cash tender offer for all the shares in Tikkurila Oyj

(marketscreener.com) TIKKURILA OYJ Tender Offer April 19, 2021 at 9.05 a.m. EEST NOT FOR RELEASE, PUB... See more »

PPG Press Releases

April 22, 2021centralcharts

PPG maintains EcoVadis Gold Rating for sustainability progress, ranking among top 6% of evaluated companies

PPG (NYSE:PPG) today announced that it again achieved a Gold Rating in corporate social responsibilit... See more »
March 18, 2021StreetInsider

PPG Honored by Bosma Enterprises With Employment Innovation Award

Company recognized for creating employment opportunities for blind, visually impaired INDIANAPOLIS--(... See more »
February 9, 2021Business Wire

Blue Automobiles to Lift COVID Blues? PPG 2020 Automotive Color Report Shows Blue Hues Maintaining Pre-Pandemic Growth

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today released its 2020 automotive color popularity repor... See more »
January 28, 2021WebWire

Scott McLaughlin to race in PPG colors during rookie INDYCAR season

PPG (NYSE:PPG) announced that it will be the primary sponsor on the No. 3 Team Penske Dallara/Chevrol... See more »

PPG Videos

Social Media

PPG Headquarters

One PPG Place

Pittsburgh, Pennsylvania15272

412-434-3131

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PPG Summary

ABOUT

Overview

PPG manufactures and distributes industrial coatings, architectural paints and packaging sealants for aerospace and construction sectors. PPG was founded in 1883. PPG's headquarters is located in Pittsburgh, Pennsylvania, USA 15272. It has raised 154....

CEO

PPG's Chairman & CEO, Michael H McGarry, currently has an approval rating of 75%. PPG's primary competitors are AkzoNobel, Axalta & BASF.

Website

ppg.com

Frequently Asked Questions about PPG

  1. When was PPG founded?

    PPG was founded in 1883
  2. Who is PPG's CEO?

    PPG's CEO is Michael H McGarry
  3. How much revenue does PPG generate?

    PPG generates $13.8B in revenue
  4. How much funding does PPG have?

    PPG has historically raised $154.2M in funding
  5. Where is PPG's headquarters?

    PPG's headquarters is in Pittsburgh Pennsylvania, USA
  1. How many employees does PPG have?

    PPG has 47,300 employees
  2. What sector does PPG operate in?

    PPG is in Specialty Chemicals
  3. Who are PPG's competitors?

    PPG's top competitors are AkzoNobel, Axalta, BASF
  4. Who has PPG invested in?

    PPG's has invested in companies such as The Culture Trip, Pittsburgh Glass Works, LLC