US-based PPG Industries aims to expand through acquisitions in Brazil
A norte-americana PPG Industries pretende crescer por meio de aquisições no Brasil
Intel ID : 217192
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US-based PPG, a manufacturer of paint for vehicles, wants to expand in Brazil. The company registered a turnover of approximately BRL 1,1bn in 2013 in Brazil, and is aiming to have a 15% growth in the next two years. For this reason, the company is investing BRL 200m to increase its factory, in Sumaré, interior of São Paul, and to acquire new companies. According to Carlos Alberto Oliveira, CEO, executives of PPG have been prospecting acquirable companies, in the last five months. The company has set its sights on the car paint and industrial segments.
(content in portuguese)
A americana PPG, fabricante de tintas automotivas, pretende pisar no acelerador no Brasil. A companhia, que faturou cerca de BRL 1,1bi no ano passado no País, quer crescer 15% nos próximos dois anos. Para isso, está investindo BRL 200m na ampliação de sua fábrica, em Sumaré, no interior de São Paulo, e na aquisição de novas empresas. Segundo o CEO Carlos Alberto Oliveira, executivos da PPG estão há cinco meses prospectando empresas a serem compradas. A empresa está de olho em empresas na área de pintura automotiva e também na industrial. |
| Intel ID | 217192 | ||
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Brazilian Real (BRL)
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Financial Data - PPG Industries
(31 Dec 2013) |
Revenue: EUR 10,95m Exchange Rate: 
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55.02.02 Industrial Chemicals & Gases 55 Raw Materials & Natural Resources / 55.02 Chemicals |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.