With approximately 130 employees, VersaFlex operates three manufacturing sites located in Kansas, Oklahoma, and Washington.
VersaFlex, a manufacturer specializing in polyurea, epoxy, polyurethanes, custom plural component equipment, and geotechnical and insulation foams, recently announced it had reached a definitive agreement to be acquired by PPG. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions. Financial terms were not disclosed.
“We are excited to join PPG, a global paint and coatings leader, with its world-class resources and leading-edge technologies,” said Rob Pawlak, president of VersaFlex. “Their high standards and commitment to deliver sustainable value to their customers will be a benefit for our customers’ continued success.”