Mergers/Acquisitions

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PPG Industries recently announced it has reached a definitive agreement to acquire certain assets of Deft Inc., a privately owned specialty coatings company based in Irvine, Calif.

AkzoNobel recently announced it has finalized the $1.05 billion sale of its North American Decorative Paints business to PPG Industries Inc.

Net income from continuing operations for the first quarter of 2013 was $20.8 million, compared to net income from continuing operations of $13.6 million in last year’s first quarter.

Huntsman Corp. recently announced that it has acquired a 20% stake in Nippon Aqua Co. Ltd. (Nippon Aqua), a spray polyurethane foam insulation company based in Yokohama, Japan.

Scott Bader recently announced it has reached an agreement to acquire ATC Formulated Polymers Inc.

Sulzer recently announced it has acquired Krøger A/S, a leading manufacturer of dispensers in Greve, Denmark.

Ellsworth Adhesives recently announced it has acquired Tennessee-based distributor Adhesive Methods and Technology (AMT).

Avery Dennison Corp. recently announced that it has signed a definitive agreement to sell its Office and Consumer Products (OCP) and Designed and Engineered Solutions (DES) businesses to CCL Industries Inc. for $500 million in cash.

UL recently announced it has acquired Innovadex, a search and information exchange platform for supplier chemicals, ingredients, and raw materials.

Pilot Chemical Co. recently announced it has acquired Mason Chemical Co. Together, the companies reportedly represent more than 100 years of successful family-based ownership and leadership as privately held businesses in the U.S.