PPG acquires Ozark Materials for $65M

PPG (PPG) “announced that it has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation (NGVT). The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Ozark Materials serves customers across the United States and Canada and has a strong reputation for quality, service and operational excellence. The company has approximately 130 employees and well-established customer relationships that align closely with PPG’s Traffic Solutions business.”