Nippon Paint : Press Release Announcing Completion of Acquisition
July 07, 2023 at 02:45 am EDT
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Investor Relations (IR) 2023.07.06
(Developments related to previously disclosed information) Notice of Completion of Acquisition of Shares of European Sealants and Adhesives Manufacturer N.P.T. s.r.l.
July 6, 2023
Company:Nippon Paint Holdings Co., Ltd.Representative:Yuichiro Wakatsuki
Director, Representative Executive Officer & Co-President
Wee Siew Kim
Director, Representative Executive Officer & Co-President
(Code: 4612; TSE Prime)Contact:Ryosuke Tanaka
Executive General Manager
Investor Relations, Sustainability and Public Relations
(TEL +81-50-3131-7419)
(Developments related to previously disclosed information)
Notice of Completion of Acquisition of Shares of European Sealants
and Adhesives Manufacturer N.P.T. s.r.l.
Nippon Paint Holdings Co., Ltd. is announcing that it completed the acquisition and payment on July 5, 2023 for 51 percent of the share capital of N.P.T. s.r.l. (NPT) and NPT's subsidiaries (the "Acquisition") through DGL International (UK) Ltd, a UK-based specified subsidiary established by DuluxGroup. NPT is an Italy-based manufacturer and distributor of sealants and adhesives. Regarding this transaction, we earlier announced our commitment to carry out the Acquisition in "Notice Regarding Acquisition of Shares of European Sealants and Adhesives Manufacturer N.P.T. s.r.l. by Our Subsidiary" on February 6, 2023.
1. Outlook
We expect the Acquisition will have a negligible impact on our consolidated earnings.
Nippon Paint Holdings Co. Ltd. published this content on 06 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2023 06:44:08 UTC.
Nippon Paint Holdings Co Ltd is a company mainly engaged in the manufacture and sale of coating materials and fine chemicals products. The Company is involved in the manufacture and sale of paint for automobile-, general- and industrial-uses, as well as fine chemicals. The Company operates in four business segments. The Japan segment conducts paint for automobile-, general- and industrial-uses, as well as fine chemicals business. The Asia segment conducts paint for automobile-, general- and industrial-uses, as well as fine chemicals business in China Singapore, Malaysia, Thailand, Korea, Southeast Asian countries, India. The Oceania segment conducts paint business, such as paint for general-, industrial-uses, and paints peripheral businesses. The Americas segment conducts paint for automobile business and contruction coating materials business.
NIPPON PAINT HOLDINGS CO., LTD. 
