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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.
Wuthelam Holdings, which has interests in the paint business and property development, was founded in 1974 as a real estate concern. [1] In 2020, his son Goh Hup Jin helped conclude a deal which enabled Wuthelam Holdings to formally take control of Nippon Paint. [4] The merger added approximately $3.8bn to his overall net worth. [6]
By the 1990s, the Australian paint market was dominated by Wattyl, Taubmans and Dulux. [ 10 ] Until 1997, Dulux Australia was a key player in the ICI Paints World Group, after which ICI informed ICI Australia of its intention to sell its 62% share in the company as part of raising the capital needed for acquisition of part of Unilever .
Goh Hup Jin (traditional Chinese: 吳學人; born 1952/1953) is a Singaporean businessman, and the chairman of Nippon Paint since March 2018. Early life
PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
Nippon Paint Holdings Co. attempted to buy the company in November 2017, but the deal failed to reach an agreement. [ 18 ] In July 2021, Axalta acquired U-POL, a Northamptonshire based manufacturer and distributor of fillers, coatings and aerosols, [ 19 ] from Graphite Capital .
In 1986 focusses to paint and specialty products with the purchase of Beatrice's Chemicals Division and Glidden Paint. [17] In 1993 ICI demerged its bioscience business, splitting into two the publicly listed companies: ICI and Zeneca. The latter would later go onto merge with Astra AB, forming the current pharmaceutical company, AstraZeneca. [18]
Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May 1918. [17] Kansai Paint is a comprehensive manufacturer of paints and coatings. The Products include- Automotive Coatings, Industrial coatings, Decorative coatings, Protective coatings and Marine Coatings. [18] They are also present in U.K., Turkey, U.S., Canada, Mexico ...