Nippon Paint Holdings (NPHD) has officially received approval from its Board of Directors during the August 29, 2023 meeting for the acquisition of shares in two Indian-based paint manufacturers: Nippon Paint (India) Private Limited (NPI) and Berger Nippon Paint Automotive Coatings Private Limited (BNPA), collectively referred to as NPI and BNPA. The acquisition process involved … Read more
Wuthelam Holdings Pte., a Singaporean paint conglomerate, signed a 1.3 trillion yen ($12.3 billion) deal to acquire a majority stake in Nippon Paint Holdings, Japan’s largest coatings maker, seeking to create a dominant paints and coatings company in Asia, according to a Nikkei’s report. Wuthelam will lift its stake to 55% from 39% through a … Read more
Nippon Paint Holdings Co. acquired Turkish paint manufacturer Betek Boya on Friday. An agreement was signed for the transfer of shares in Betek Boya and its subsidiaries. Betek Boya, well known in Turkey for its Filli Boya brand of paint, was expected to see sales of TL 1.6 billion ($268.4 million) last year. The value … Read more
Nippon Paint Holdings Co. will acquire major Australian paint company, DuluxGroup Ltd. for 300.5 billion yen ($ 2.7 billion) to strengthen its foothold in the overseas market, the two companies announced on Wednesday. The leading manufacturer of paint and coating aims to close the deal by mid – August to purchase DuluxGroup, which has the … Read more