Harris Williams Advises Whitford Worldwide on Pending Sale to PPG
Harris Williams announced that it is exclusively advising Whitford Worldwide Company (Whitford) on its pending sale to PPG Industries, Inc. Whitford is a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products. The transaction, which is subject to customary closing conditions, is being led by Patrick McNulty, John Lautemann, Ty Denoncourt and Jeff Mullen of Harris Williams’ Industrials Group.
“It has been a privilege to work with Whitford on this transaction and we look forward to watching their partnership with the PPG team drive continued success,” said John Lautemann, a director at Harris Williams. “Our firm has been active across the broader industrials and specialty chemicals sectors, and the sale of Whitford represents another marquee transaction for Harris Williams.”
“Over nearly 50 years, Whitford has built a premier specialty coatings platform with a global footprint,” said Ty Denoncourt, a vice president at Harris Williams. “We are thrilled to have helped the management team and shareholders find a partner that embraces Whitford’s strong heritage and will continue to grow the business.”
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