Kohlberg & Co, PPG to sell Pittsburgh Glass Works in deal valued at $635 mln
Kohlberg & Company LLC and PPG Industries Inc agreed to sell Pittsburgh Glass Works LLC, an automotive glass and services business, to LKQ Corp for an enterprise value of $635 million. PPG sold a majority stake in Pittsburgh Glass Works to Kohlberg & Co in 2008. Jefferies LLC and Nomura Securities International served as financial advisor, and Ropes and Gray LLP acted as legal counsel, to Pittsburgh Glass Works. K&L Gates LLP served as legal counsel to LKQ.
29 February 2016•4 mins read
