PPG (NYSE:PPG) today announced that it has completed its acquisition of SEM Products, Inc., a U.S.-based manufacturer of specialized automotive refinish products. Financial terms were not disclosed.
Headquartered in Rock Hill, South Carolina with a staff of approximately 80 employees, SEM 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 Color 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.
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