PPG Industries acquired Le Joint Francais SNC (Sealants Europe SAS JV), a transaction completed in October 2015.
Le Joint Francais SNC (Sealants Europe SAS JV) operates in Aerospace coatings, is based in France. A majority interest in the automotive and aerospace sealants and adhesives business of Le Joint Francais SNC, a France-based specialty sealants and adhesives manufacturer serving the aerospace, automotive and insulating glass industries; the new joint venture is Sealants Europe SAS.
The acquisition brings new approvals and technology variants that support geographic expansion and aid growth in existing PPG markets.
Aerospace coatings
On October 1, 2015, PPG acquired a majority interest in the automotive and aerospace sealants and adhesives business of Le Joint Francais SNC, a France-based specialty sealants and adhesives manufacturer serving the aerospace, automotive and insulating glass industries.PPG FY15 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.