Specialty chemicals distributor TMC Materials Inc. (TMC) announced the sale of the company to Ravago Chemical Distribution, a subsidiary of Ravago Holdings America.
PPG has completed its acquisition from the Emerging Europe Accession Fund (EEAF) of DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer that reported sales of €30 million in 2015.
Axalta Coating Systems announced its acquisition of the business of Ellis Paint Co., a manufacturer of industrial and automotive refinish paint in North America.
EMCO Chemical Distributors Canada Ltd., a wholly owned subsidiary of EMCO Chemical Distributors Inc., Pleasant Prairie, Wisconsin, successfully completed the acquisition of Inortech Chimie Inc., Terrebonne, Quebec.
Evonik Industries AG has completed its acquisition of the specialty additives business (Performance Materials Division) of Air Products Inc. for $3.8 billion, and the integration of the acquired business is underway.