Nippon Paint Holdings Co Ltd

4612: XTKS (JPN)

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Nippon Paint: Acquiring Akzo Nobel's Decorative Paint Business in Southeast Asia

Esther Holloway

Oct 7, 2026

Nippon Paint is purchasing Akzo Nobel's decorative paint business in Southeast Asia for USD 1.35 billion (JPY 216 billion), funded with cash and debt. It includes businesses in Vietnam, Malaysia, Thailand, Australia, Papua New Guinea, Singapore, and Indonesia. Shares are flat on the announcement.

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Nippon Paint Holdings Co Ltd

Nippon Paint: Acquiring Akzo Nobel's Decorative Paint Business in Southeast Asia

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