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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 »