SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asian Paints completes acquisition of Sleek Group

08 Aug 2013 Evaluate

Asian Paints has acquired 51% stake in the Kitchen solutions provider company, Sleek International (SIPL). The investment was approved by the board of Asian Paints on August 08, 2013 and the infusion of funds in 2 tranches of Rs 120 crores shall be completed by August 10, 2013.

The company believes that this acquisition has a strategic fit both with its current business as well as other lines of Home Improvement businesses that may get added in the future. It said that the modern kitchen space, which is currently undergoing an inflection, has very few organised pan India players and is growing rapidly.

Asian Paints is India’s largest paint company and Asia’s third largest paint company. The company along with its subsidiaries has operations in 20 countries across the world and 28 paint manufacturing facilities, servicing consumers in 65 countries through Berger International, SCIB Paints-Egypt, Asian Paints, Apco Coatings and Taubmans.

Asian Paints Share Price

2733.75 -21.30 (-0.77%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Asian Paints 2733.75
Berger Paints India 551.60
Kansai Nerolac Paint 211.10
JSW Dulux 3296.35
Indigo Paints 1024.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: