Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Berger Paints Approves Acquisition of Saboo Coatings - Coatings World

What are you searching for?

Sign in
Breaking News, Paint & Coatings Manufacturer News

Berger Paints Approves Acquisition of Saboo Coatings

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

The board of Berger Paints approved the acquisition of 100% stake in Chandigarh India-based, niche paint maker Saboo Coatings for a total consideration of Rs 81.77 Cr.

The board has also approved the acquisition of 51% stake in Saboo Hesse Wood Coatings Pvt. Ltd. for a sum of Rs 1.5 Cr. Saboo Coatings Pvt. Ltd. is a manufacturer of speciality liquid industrial coatings in the segments of agriculture and construction equipment (ACE), automotive, fans, electronics and elevators.

The two companies can support each other in various areas such as manufacturing, selling, distribution, procurement., technology etc.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters