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Kansai Nerolac Paints completes acquisition of stake in Perma Construction Aids

11 Apr 2019 Evaluate

Kansai Nerolac Paints has completed the formalities for the acquisition of the equity stake and has acquired the 100% equity share holding of Perma Construction Aids. Earlier, the company had signed Share Purchase Agreement (SPA) to acquire 100% equity stake in Perma Construction Aids.

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.

Peers
Company Name CMP
Asian Paints 2542.00
Berger Paints India 478.05
Kansai Nerolac Paint 196.05
JSW Dulux 271.80
Indigo Paints 913.60
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