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Parth Jindal and JSW Paints acquired Akzo Nobel NV's India business after intense negotiations. A last-minute counteroffer ...
Asian Paints and Varun Beverages, once seen as near-invincible market leaders, are now facing the heat of rising competition.
Akzo Nobel India's acquisition is expected to triple JSW Paints’ business to ₹6,000 crore, and help it claim about 10% of the industry’s revenue market share.
JSW Paints has acquired a 74.76 percent stake in Akzo Nobel India Limited for Rs 8,986 crore, aiming to significantly increase its market share in the decorative and industrial coating segments ...
The Rs 9,403.22 crore deal will make JSW Paints the fourth-largest company in India’s Rs 90,000 crore paint market. Notably, Akzo Nobel operated its business in India under the ‘Dulux’ brand.
Akzo Nobel India Ltd, popular for its Dulux paint brand, is set to become an Indian company as JSW Paints has announced the acquisition of 74.76% stake from its Dutch owner.
JSW Paints CEO Parth Jindal on July 1 said that the company will aim to challenge the top two players and become the leader in industrial paints. This comes after the company signed an agreement ...
5don MSN
Akzo Nobel divested its decorative paints business in India to JSW Paints, citing JSW's local market expertise as the key ...
JSW Paints is set to significantly boost its market presence in the decorative and industrial coating sectors following its ...
5don MSN
JSW Paints is set to become a major player in the Indian paint industry after acquiring Akzo Nobel India Ltd, the makers of ...
Last week, JSW Paints added to the consolidation trend by acquiring a controlling stake in Akzo Nobel India Ltd, the maker of Dulux Paints, for Rs 12,915 crore.
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