PPG acquires specialty coatings supplier Homax

PPG Industries announced Wednesday that its North American architectural coatings business has completed its acquisition of The Homax Group, a supplier of decorative wall and ceiling texture repair products, from Olympus Partners. 

Financial terms were not disclosed.

Homax is the industry’s leading supplier of decorative aerosol drywall and ceiling texturing applications utilized primarily for home repair. In addition, it supplies various epoxy finishes, patching, caulking and mesh tape repair products, and other painting tools and accessories.

The company’s products are sold through major home improvement centers, hardware stores and paint suppliers.

PPG Architectural Coatings is an industry leader in residential and commercial coatings and products. The business produces paints, stains and specialty coatings and products marketed under well-recognized lines.