PPG Industries (NYSE: PPG) is planning to continue its buying spree with Revocoat, a maker of high-performance polymers for the automotive industry.

The Pittsburgh-based buyer, on the heels of an acquisitive year, has entered into exclusive negotiations with the Axson Group, which currently owns Revocoat. PPG expects the transaction to close in the first quarter of 2015.  Terms of the deal remain disclosed.

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