PPG Industries has reached a definitive agreement to acquire substantially all of the assets of Canal Supplies Inc. (CSI), a Panama-based privately-owned distributor of protective and marine coatings to customers in Central America. The acquisition will enhance access to PPG products for customers in Central America, and specifically in Costa Rica and Panama, which are growth markets for both protective and marine coatings. “PPG looks forward to continuing to build its supply networks throughout Central America and meet the growing demand for our products in Panama. The Panama Canal is an important regional economic hub for the industry,” says Tim Knavish, PPG vice president, protective and marine coatings.
Editor PickCCAI Presents 'Maintaining a Quality Finish' Webinar Series
This three-part series will be presented by CCAI corporate members who have proficient knowledge and experience with each of the webinar topics.