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New Deal


Announced

Completed

Solix-backed Geveko Markings completed the acquisition of traffic solutions business in Australia and New Zealand from PPG Industries.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

production facility

Completed

United States

traffic solutions

Diversified Industrials

Acquisition

Private

Cross Border

Private Equity

Friendly

Single Bidder

Synopsis

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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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