In January 2008 the world's second largest coatings manufacturer was formed as a result of PPG's acquisition of SigmaKalon (Sigma Paints), the company now having an annual turnover of $14 billion. Prior to this acquisition Sigma, was a global leader in the coatings industry in its own right, the second largest in Europe and employing over 12,000 people across 50 countries, having an annual turnover of $2.8 billion. The US-based PPG Industries, a global supplier of coatings, chemicals, glass and fiber glass, has more than 150 manufacturing facilities and equity affiliates and operates in more than 60 countries worldwide.
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