Nippon Paint India Acquires Vibgyor Paints & Chemicals
Nippon Paint, a paint and coatings company in Asia, has announced the 100% acquisition of Vibgyor Paints and Chemicals Pondicherry, a major supplier of paints and coatings in South India. After this acquisition, Vibgyor Paints and Chemicals Pondicherry, with its established reputation and expertise in supplying high-quality paints to Indian Railways, will become a division of Nippon Paint India, leveraging its resources and reach to further its growth and market leadership. As part of the acquisition, the key members of the Vibgyor team will join Nippon Paint as employees, ensuring a seamless transition and the retention of valuable industry expertise within the Nippon Paint India family. Vibgyor’s manufacturing unit is strategically located in Ranipet, Tamil Nadu. By becoming a division of Nippon Paint India, Vibgyor will gain access to Nippon Paint’s technology, supply chain and marketing capabilities which can further consolidate its position as a leading paint brand in India.
Tags : Nippon Paint Vibgyor Paints Chemicals Pondicherry high-quality paints