PPG Industries announced Wednesday that its North American
architectural coatings business has completed its acquisition
of The Homax Group, a supplier of decorative wall and ceiling
texture repair products, from Olympus Partners.
Financial terms were not disclosed.
Homax is the industrys leading supplier of decorative
aerosol drywall and ceiling texturing applications utilized
primarily for home repair. In addition, it supplies various
epoxy finishes, patching, caulking and mesh tape repair
products, and other painting tools and accessories.
The companys products are sold through major home
improvement centers, hardware stores and paint suppliers.
PPG Architectural Coatings is an industry leader in
residential and commercial coatings and products. The
business produces paints, stains and specialty coatings and
products marketed under well-recognized lines.