PPG Acquires Pavement Markings Manufacturer Ozark Materials LLC

PPG announced that it has completed the acquisition of Ozark Materials, LLC, a U.S.-based pavement marking solutions provider, from Ingevity Corporation. The transaction, conducted on an all-cash basis, has a purchase price of $65 million, subject to customary adjustments.

Ozark Materials, a company operating across the United States and Canada, is renowned for its constant dedication to quality, service, and operational excellence. The company employs approximately 130 people and maintains well-established customer relationships that closely complement PPG’s Traffic Solutions business.

“This acquisition strengthens our business by enhancing our ability to serve customers throughout North America with high-quality pavement marking solutions,” said Tom Maziarz, PPG vice president, Traffic Solutions. “Ozark Materials has strong operational capabilities and a team with deep industry experience. We look forward to integrating the business into PPG.”

This transaction supports PPG’s long-term strategy to grow its pavement marking business and enhance its capability to provide innovative solutions to a wide range of public and private sector customers.

Source: PPG