MoneyWorks4Me

Berger Paints to acquire architectural operations of Sherwin Williams Paints

11 Mar 2013 Evaluate

Berger Paints India’ has decided to acquire the architectural operations of Sherwin Williams Paints India, through Berger’s wholly owned subsidiary, Brushworks Paints. With this deal, the company aims to increase its presence in key markets.

Berger Paints is the third largest paint manufacturer and second largest manufacturer in decorative paints. It’s headquarter is located in Kolkata, has distribution network of 75 stock points and 12,000 paint retailers. The company’s manufacturing facilities is located in West Bengal, Uttar Pradesh, Pondicherry, Goa, and Jammu and Kashmir.

Peers
Company Name CMP
Asian Paints 2335.00
Berger Paints India 469.35
Kansai Nerolac Paint 178.10
JSW Dulux 3053.45
Indigo Paints 1017.80
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