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Sirca Paints India inks distribution agreement with OIKOS

03 Apr 2023 Evaluate

Sirca Paints India (SPIL) has executed a definitive and exclusive distribution agreement with OIKOS S.P.A. (OIKOS) - Italy’s leading decorative finishes and solid colour finishes (textured paints) brand that stands for sustainable, eco-friendly, paints & colours and fine Italian craftsmanship. This exclusive distribution agreement for the Indian markets also has a provision to manufacture these products in India in the future. The Company will immediately start with the distribution and marketing of OIKOS through its extensive and growing distribution network of 2,400+ nodes across India.

OIKOS Paints product range primarily spans over decorative surface coatings & textured paints for interior and exterior wall surfaces including dry walls of MDF, HDF and Gypsum. These technologically superior products exhibit features such as being water-repellent, resistant to atmospheric pollution, resistant to abrasion, easily cleanable, anti-algae, and anti-mould. These products will be available at premium and luxury price points in the Indian markets.

SIRCA Paints India is engaged in marketing and trading/distributing paints and allied products.

Peers
Company Name CMP
Asian Paints 2415.30
Berger Paints India 453.05
Kansai Nerolac Paint 177.55
JSW Dulux 3179.15
Indigo Paints 1107.25
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