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PPG completes Panama acquisition

Written by Nick Blenkey
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JUNE 11, 2014 — PPG Industries (NYSE:PPG) reports that it has completed the previously announced acquisition of substantially all of the assets of Canal Supplies Inc. (CSI), a privately-owned, Panama-based distributor of protective and marine coatings to customers in Central America. Financial terms were not disclosed.

“The acquisition of CSI enhances our ability to supply customers throughout Central America and meet growing demand for our protective and marine products in this growth market,” said Tim Knavish, PPG vice president, protective and marine coatings.

PPG’s product lines include the Amercoat and Sigma Coatings brands.

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