कोशिश गोल्ड - मुक्त
JSW Paints to buy Akzo Nobel India in ₹9k-cr deal
Hindustan Times Jammu
|June 28, 2025
The move positions JSW Paints as a serious contender in India's paint market
NEW DELHI: JSW Paints said Friday it will acquire a 74.76% stake in Akzo Nobel India Ltd from its Dutch parent Akzo Nobel N.V. and its affiliate, in a deal valued at nearly ₹9,000 crore. The acquisition, subject to regulatory approvals and a mandatory open offer to minority shareholders, will bring established brands like Dulux and Sikkens under the JSW umbrella.
The transaction marks a significant consolidation in India's paints market, historically dominated by a handful of players. With this deal, JSW Paints is positioning itself as a serious contender behind Asian Paints and the recently aggressive Birla Opus, which has quickly scaled up to become the second-largest by capacity.
यह कहानी Hindustan Times Jammu के June 28, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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