PPG Acquires Arsonsisi Powder Coatings Manufacturing Business

On February 7, PPG announced that it had signed an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy.

The transaction is expected to close in the first quarter of 2022, subject to customary closing conditions. Financial terms were not disclosed. The deal will expand capabilities to produce more sustainable coatings, including metal-bonded powders.

Arsonsisi is a leading supplier of specialty powder coatings for the architectural and industrial markets. Powder coatings are a highly sustainable product with enhanced durability, transfer efficiency, and the ability to be recycled or reused during application.

As part of the transaction, PPG will acquire Arsonsisi's highly automated, low- and high-volume powder manufacturing facility in Verbania, Italy. Sales of the Arsonsisi powder business in 2021 will be approximately $15 million.

Following the acquisition, PPG will be able to expand its powder coatings product range in the Europe, Middle East and Africa (EMEA) region to include metal bonding, one of the fastest growing markets for powder coatings, typically used in automotive, appliance and general special finishes for industrial applications.

The acquisition is in line with PPG's goal of generating 40% of its sales by 2025 for Sustainable Advantage Products.

Michael Shukov, General Manager, Industrial Coatings Europe, Middle East, PPG said: "PPG has been recognized as an innovator in powder coatings, demonstrating leadership through powder advancements including edge covering for architectural metals and Fluoroethylene Vinyl Ether (FEVE) Fluorine Polymer Coatings.

PPG is the only total solution provider capable of supplying and servicing powders and all other coating technologies.

We are delighted that the addition of this business will provide our EMEA customers with more powder coating options to meet their needs There is a growing demand for these coatings with sustainable benefits.”

Powder coatings are one of the fastest growing coating technologies due to their sustainability benefits and outstanding performance.

Powder coatings, due to their low VOC properties, do not release solvents and are fully reusable, which means that coatings that are not deposited on the substrate during application are returned to the coating system to reduce waste.

In an ongoing commitment to sustainable innovation that exceeds customer needs, PPG is investing in powder production capabilities globally.

Carlo Junghanns, Chairman of Arsonsisi SpA, said: "We are proud that PPG has chosen to invest in the powder coatings segment through the acquisition of Arsonsisi's Powder Coatings division.

We are confident in PPG's commitment to continuing our legacy and their ability to continue to provide our loyal customers with everything they need. required high-performance powder coatings.”