PPG Industries on Friday announced it has entered into exclusive negotiations with the Axson Group to acquire Revocoat, a global supplier of sealants, adhesives and damper products from the automotive industry. Financial terms of the deal were not disclosed. PPG (NYSE: PPG) said it expects the transaction to close in the first quarter of 2015 following the French works council consultation process, regulatory approvals and other customary closing conditions. Based in France, Revocoat employs more…