Nippon Paint Holdings Co ( (JP:4612) ) has shared an announcement.
Nippon Paint Holdings Co., Ltd. has completed the acquisition of AOC, a global specialty formulator with a strong presence in the Americas and Europe. This strategic move, involving a transaction valued at USD 2,194 million, aims to enhance Nippon Paint’s product offerings in the CASE (Coatings, Adhesives, Sealants, and Elastomers) sector, as well as in colorants and composites, which are essential for construction, infrastructure, and transportation industries. The financial impact of this acquisition is under review and will be disclosed once determined.
More about Nippon Paint Holdings Co
Nippon Paint Holdings Co., Ltd. operates in the coatings industry, providing a wide range of products including paints and coatings for various applications. The company focuses on markets in Asia, the Americas, and Europe, and is known for its innovative solutions in the coatings sector.
YTD Price Performance: 15.19%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $17.39B
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