Inside ASEAN IntelligenceOrganisation profile
CompanyJapan
Nippon Paint Holdings Co., Ltd.
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Business overview
Company backgroundThe company has acquired Akzo Nobel's decorative paints business in Southeast Asia as part of its portfolio adjustment strategy.
Nippon Paint Holdings pursues corporate governance and sustainability initiatives across its group companies.
Market news
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Inside ASEAN coverage
Inside ASEAN
AkzoNobel Sells Southeast Asia Decorative Paints Business to Nippon Paint for $1.35 Billion
The Dutch multinational AkzoNobel has entered into agreements to transfer its decorative paints operations in Southeast Asia and Australia to Japan's Nippon Paint Holdings.