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Tag Archives: Berger Paints India

Berger Paints to enter into SPA to acquire 100% stake in SCPL

Berger Paints India has received an approval for entering into the Share Purchase Agreement (SPA) with the existing shareholders of Saboo Coatings (SCPL) for acquisition of 100% stake in SCPL. The total consideration is Rs 81.77 crore, subject to closing adjustments for variations in net debt and net working capital. ... Read More »

Berger Paints gets nod to purchase equity shares of SHWCPL

Berger Paints India has received an approval for purchasing 1,03,03,580 equity shares of Saboo Hesse Wood Coatings (SHWCPL), representing 51% of the paid-up equity share capital of SHWCPL. The balance 49% is held by Hesse Shares GmbH of Germany. The board of directors at their meeting held on May 30, ... Read More »

Berger Paints to market Rock Paint’s automotive refinish paints in India

Berger Paints India will market automotive refinish paints in India manufactured by Rock Paint. The products will be launched in the month of May, 2017. This step has been taken in accordance with an agreement entered by the company with Rock Paint Co., of Japan (Rock Paint). While, the company ... Read More »