Announced
Completed
Financials
Tags
Majority
production facility
Completed
United States
traffic solutions
Diversified Industrials
Acquisition
Private
Cross Border
Private Equity
Friendly
Single Bidder
Synopsis
Solix-backed Geveko Markings, a pavement markings specialist, completed the acquisition of traffic solutions business in Australia and New Zealand from PPG Industries, a global supplier of paints, coatings, optical products, specialty materials, chemicals, glass, and fiberglass. Financial terms were not disclosed. "The acquisition marks a significant milestone in our commitment to delivering the best products and services to our customers in Australia and New Zealand," André D. Thomsen, Geveko Markings Group CEO.
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