PPG to acquire ICR, manufacturer of automotive refinish and light industrial coatings


PPG has reached a definitive agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. The transaction is expected to close in Q1, 2020, subject to customary closing conditions. Financial terms were not disclosed.

Founded in 1961, ICR is based in Italy and manufactures automotive refinish products, including putties, primers, base-coats and clear coats under the SPRINT® brand. The company also makes a complete range of coatings, enamels and primers for light commercial vehicles and other light industrial coatings applications. ICR employs approximately 180 people and sells its products in more than 70 countries in Europe, Africa, the Middle East, the United States and Latin America.

“PPG’s acquisition of ICR will complement our current product offering for the automotive refinish and light industrial coatings industries and add specialised, value-added products that address the needs of distributors and body shops,” said Gary Danowski, PPG VP, Global Automotive Refinish. “We look forward to continuing to deliver the trusted products and services upon which ICR customers have come to rely and we are very excited to welcome ICR employees to PPG.”


Share this page
  • Forthcoming Issue

    Coming up in the April 2020 issue

    • Radiation Curing
    • Smart Coatings
    • Pigments
    • Wood Coatings
    • Saudi Arabia Country Focus
    • MECS Review
    • China Export Focus
    • Coatings For Africa 2020 Catalogue

    Bonus distribution
    Coatings For Africa

    Publication date: Fri 10th Apr 2020
    Editorial deadline: Mon 10th Feb 2020
    Advertising deadline: Wed 18th Mar 2020

    For information on forthcoming editorial features and deadlines please click here.

Sister publication

Media Partners