PPG acquires pavement-marking maker Ozark Materials

Key highlights
  • PPG completed an all-cash acquisition of Ozark Materials from Ingevity for $65 million, subject to customary adjustments.
  • Ozark Materials supplies pavement-marking solutions across the United States and Canada and has about 130 employees.
  • PPG will integrate Ozark into its Traffic Solutions business to expand North American pavement-marking capabilities.

Transaction

PPG completed the acquisition of Ozark Materials, LLC from Ingevity for an all-cash purchase price of $65 million, subject to customary adjustments.

Company profile

Ozark Materials provides pavement-marking solutions across the United States and Canada, has approximately 130 employees, and maintains established customer relationships aligned with PPG’s Traffic Solutions business.

Strategic impact

PPG will integrate Ozark into its Traffic Solutions segment to expand its pavement-marking business and North American service capabilities for public- and private-sector customers.