Ppg divests traffic solutions operations in australia and new zealand

Pittsburgh--(business wire)--ppg (nyse:ppg) today announced that it has divested all traffic solutions operations in australia and new zealand to geveko markings, a pavement markings specialist headquartered in sweden. financial terms of the agreement were not disclosed. the transaction includes a production, quality control and r&d facility in ingleburn, australia; a production facility in dandendong, australia; sales offices in sydney and auckland, new zealand; and warehouses in brisbane.
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