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In 2002, Asian Paints acquired a 60% stake in Egyptian paint manufacturer SCIB Chemicals for ₹ 24.5 crore (US$5.04 million). [14] It also acquired a 50.1% stake in the SGX -listed Berger International Singapore, which had operations in 11 countries across Southeast Asia , West Asia , the Caribbean , China and Malta , for US$20.8 million. [ 15 ]
Location of Singapore Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational ...
Nippon Paint Holdings Co., Ltd. (日本ペイントホールディングス株式会社, Nippon Peinto Hōrudingusu Kabushiki-gaisha) is a Japanese paint and paint products manufacturing company. [4] It is the world's fourth largest paint manufacturer, as measured by revenue in 2020.
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KCC's products include various kinds of paints, float glass, soft sponges, silicon, chassis, and car parts. This company is the biggest provider of construction materials and paints in South Korea. Various types of industrial materials such as epoxy moulding compound, alumina metallizing, silicone etc. are produced in 13 domestic locations.
Berger Paints India Ltd is an Indian multinational paint company, based in Kolkata. [5] This company has 16 manufacturing units in India, [6] 2 in Nepal, and 1 each in Poland, Russia and Pakistan. [7] It has manufacturing units at Howrah, Rishra, [8] Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, [9] Jejuri, [10] Jammu, [11] Puducherry and Anand.
Goh Cheng Liang was born in Singapore. [2] He is the son of Wu Songchang and Li Xiuying. [3] He grew up in poverty and sold fishnets and rubber tapper for income. After World War II, he began buying cheap paint from the British army which he turned into a local company. [4]
Abhay Arvind Vakil (1951–2021) was an Indian billionaire businessman, and a non-executive director of Asian Paints Ltd, India's largest paint company. [2] [3] As of October 2021, his net worth was estimated at US$6.25 billion. [4] Vakil was among the 100 richest Indians. [5]