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PPG Industries to acquire Whitford Worldwide

Coatings supplier PPG Industries Inc. has agreed to acquire Whitford Worldwide Co., a manufacturer of coatings for industrial applications and consumer products.

PPG did not disclose financial terms of the deal, which it expects to close in the first quarter of 2019.

Based in Pennsylvania, Whitford is a privately held company that specializes in making low-friction, wear-resistant coatings for automotive, aerospace, energy and construction products. It also produces nonstick coatings for cookware, bakeware and small appliances.