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AkzoNobel agrees $1.35 billion Asia sale to Nippon
AkzoNobel agreed Oct. 5 to sell decorative paints in seven Asian countries to Nippon Paint for $1.35 billion enterprise value, a 21x EBITDA multiple.
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About Nippon Paint
Nippon Paint Holdings Co., Ltd. is a Japanese paint and paint products manufacturing company. It is the world's fourth largest paint manufacturer, as measured by revenue in 2020. It operates and serves markets in numerous nations.
Everything about Nippon Paint →- Country
- Japan, India
- Headquarters
- Japan, Chennai, Shinagawa, Kita-ku
- Inception
- 1881, March 14, 1898
- Website
- http://www.nipponpaint.com/index.html, https://nipsea.group, https://www.nipponpaint.com.bd, https://www.nipponpaint.com.cn