Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets. kevincornelius.grant@ferro.com, Ferro Corporation Signs Agreement to Divest Tile Coatings Business. Ferro Corporation (www.ferro.com) color solutions. efficiencies and product innovation to ensure that our customers receive approximately 340 employees who work in 9 facilities in Europe and Asia. Further east: Ferro forms ceramic frit joint ventures in Indonesia and Thailand, and acquires majority interest in a major manufacturer in China. In 1939 the company begins trading on the New York Stock Exchange. environment. Ferro establishes operations in West Germany and sales operations in Italy. Ferro purchases Vetriceramici, a leading tile coatings manufacturer, and Nubiola, a leading global producer of high-value pigments, substantially adding to its platform in color solutions. Group, a global producer of high-value coatings and key raw and Jose Cabedo (Endeka COO) will lead the integration of Addition of digital technology leader with patent-protected sales and industries making products for sensitive applications; exposure to lawsuits in the normal course of business; risks and uncertainties associated with intangible assets; Ferro’s borrowing costs could be affected adversely by interest rate These statements are subject to a variety of uncertainties, unknown risks, and other factors concerning the Company’s operations and business environment. Ferro has acquired 18 companies, including 9 in the last 5 years. The company embarks on its value creation strategy. acquisitions, effectively integrate the businesses and achieve the Ferro partners with Armco to erect porcelain enameled structures at the Chicago World’s Fair and the Great Lakes Exposition. transaction-related expenses and acquisition integration costs, include: Performance Coatings (metal and ceramic coatings), Performance Form 10-K for the period ended December 31, 2016. These Company faces. The cookies collect information in a way that does not directly identify anyone. CLEVELAND--(BUSINESS WIRE)--Ferro Corporation (NYSE: FOE) (the Company), a leading global supplier of technology-based functional coatings and color solutions, today announced it has entered into a definitive agreement to sell its Tile Coatings Business to Pigments Spain, S.L., a company of the Esmalglass-Itaca-Fritta group, which is a portfolio company of Lone Star Funds, for $460 million in cash, with the potential for an additional $32 million in cash based on the performance of the business pre-closing, subject to customary adjustments. For more detailed information about the cookies we use, see our Cookie Notice. 2019 is Ferro’s centenary year. markets. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. including the outsourcing of functions to third parties; risks associated with the manufacture and sale of material into Homemaker’s dream: In 1969, Ferro invents a continuous-cleaning coating for household ovens and captures a total of six patents.