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Nippon Paint Holdings Co., Ltd.

Nippon Paint Holdings Co., Ltd. engages in the paints and fine chemicals businesses in Japan, Asia, the United States, Europe, and internationally. The company offers automotive coatings, including paints for the automotive body, surface treatment, electrodeposition coating, intermediate coating, and finish coating; paints for plastic components, such as bumpers and interior components; decorative paints for construction sites, single-family detached homes, condominiums, office buildings, medical institutions, and schools; industrial coatings that are used for construction and farming machinery, exterior construction materials, office equipment, electric home appliances; and marine coatings, such as antifouling paints. It also provides surface treatment products comprising functional coatings, which demonstrate various functions, such as hydrophilicity and rust prevention, and substrate films; caulking agents to fill gaps between building materials; adhesives to fix flooring and building materials; and fillers used for base coatings. In addition, the company is involved in the investment business; and sale of paints and raw materials. The company was formerly known as Nippon Paint Co., Ltd. and changed its name to Nippon Paint Holdings Co., Ltd. in October 2014. Nippon Paint Holdings Co., Ltd. was founded in 1879 and is headquartered in Minato, Japan. Nippon Paint Holdings Co., Ltd. operates as a subsidiary of Nipsea International Limited.

Price · split & dividend adjusted
News & notes moving 4612.JP
4612.JP2impact 4

Nippon Paint proposes acquisition of AkzoNobel's architectural coatings business

Nippon Paint Holdings announced on the 13th that it has proposed to acquire the architectural coatings business of Dutch paint giant AkzoNobel. It has offered a total of 7.5 billion euros. In April, Nippon Paint Holdings jointly made a full takeover bid for AkzoNobel with US paint giant Sherwin-Williams, but the company rejected it. AkzoNobel announced plans last November to merge with US peer Axalta.
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