PPG To Buy Westmoreland Supply

(RTTNews) - PPG Industries Inc. (PPG) said Monday that its North American architectural coatings business has agreed to buy Westmoreland Supply, an independent architectural paint distributor headquartered in Pittsburgh.

Financial terms of the deal were not disclosed.

The acquisition of Westmoreland Supply, which operates a 12-store network throughout Western Pennsylvania and West Virginia, will expand PPG's North American company-owned stores footprint. Following completion of the acquisition, the locations will operate as part of PPG's network of more than 900 company-owned stores in North America, and will be rebranded under the company's new PPG Paints store brand.

The deal is expected to close in the fourth quarter.