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Published on October 28th 2018 in

PPG to acquire automotive refinish products manufacturer SEM Products

PPG announced that it has reached a definitive agreement to acquire SEM Products, a US-based manufacturer of specialised automotive refinish products. The transaction is expected to close in the fourth quarter 2018, subject to customary closing conditions. Financial terms have not been disclosed.

“SEM has a history of strong returns and will provide our valued refinish customers with an excellent product portfolio to get collision jobs done faster by increasing efficiency and throughput.”

SEM, headquartered in Rock Hill, South Carolina, is a leading manufacturer of repair and refinish products used primarily for automotive and other transportation applications. The company is known for various flagship products that offer convenience, including Colour Coat, the original flexible coating and mixing system; Bumper Coater, the first product to restore original equipment manufacturer (OEM) finishes on plastic bumpers and cladding; and Dual Mix, a two-part cartridge system for adhesives, fillers and sealers. SEM employs approximately 80 people.

“PPG’s acquisition of SEM will complement our current automotive refinish product offering and add specialised, value-added products that address the needs of distributors and body shops,” said Gary Danowski, PPG vice president, automotive refinish.

 

“SEM has a history of strong returns and will provide our valued refinish customers with an excellent product portfolio to get collision jobs done faster by increasing efficiency and throughput.”

NCR PPG Gary Danowski

SEM Products is a leader in repair and refinish products for the past 70 years and is committed to manufacturing innovative and superior professional products. The company is headquartered in Rock Hill, South Carolina. For more information visit: www.semproducts.com.

At PPG we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $14.7 billion in 2017. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. For more information visit: www.ppg.com.

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