Add-on Acquisition • Chemicals

Nippon Paint Acquires DuluxGroup

On August 21, 2019, Nippon Paint acquired chemicals company DuluxGroup for 291.7B JPY

Acquisition Context
  • This is Nippon Paint’s 1st transaction in the Chemicals sector.
  • This is Nippon Paint’s largest (disclosed) transaction.
  • This is Nippon Paint’s 1st transaction in Australia.

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M&A Deal Summary

Date August 21, 2019
Target DuluxGroup
Sector Chemicals
Buyer(s) Nippon Paint
Deal Type Add-on Acquisition
Deal Value 291.7B JPY

Target Company

DuluxGroup

Clayton, Australia
DuluxGroup is a provider of premium branded paint, coatings, adhesives, garden care, and other building products to the residential home improvement, commercial, and infrastructure markets. DuluxGroup was established in 1918 and is based in Clayton, Australia.
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Buyer Overview 1

Buyer

Nippon Paint

Tokyo, Japan

Category Company
Founded 1881
Sector Chemicals
Employees38,562
Revenue 1.64T JPY (2024)
DESCRIPTION

Nippon Paint is a paint and coatings specialist that beautifies urban landscapes and continually creates superior Nippon Paint products to enhance people’s lives. Nippon Paint was founded in 1881 and is based in Tokyo, Japan.


Deal Context for Buyer #
Overall 1 of 2
Sector: Chemicals 1 of 2
Type: Add-on Acquisition 1 of 2
Country: Australia 1 of 1
Year: 2019 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-28 AOC Trusted Solutions

Collierville, Tennessee, United States

AOC Trusted Solutions is a global CASE & Colorants company focused on producing and formulating unsaturated polyester resins, vinyl ester resins, and other solutions for applications in coatings & protective barriers, colorants & visual effects, adhesives, and conventional composite resins. It serves customers globally with specialty products for the automotive, marine, corrosion, construction, and infrastructure segments. AOC Trusted Solutions was founded in 1960 and is based in Collierville, Tennessee.

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