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PPG to Complete Acquisition of Specialty Materials Manufacturer Dexmet

PPG (NYSE:PPG) announced that it has completed its acquisition of Dexmet Corporation, a manufacturer of specialty materials for surfaces in aerospace, automotive and industrial applications. Financial terms were not disclosed.

Dexmet, headquartered in Wallingford, Connecticut, was founded in 1948. The company, which has approximately 75 employees, specializes in customized, highly-engineered, expanded and perforated metal foils and polymers used for mission-critical applications in aerospace, energy storage, and other industrial application.

Source: PPG

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