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Berger Paints India acquires Sherwin-Williams' architectural business in India
9:30 AM MDT | March 11, 2013 | Natasha Alperowicz
Berger Paints India (Kolkata) informed the Bombay Stock Exchange today that it has agreed to acquire the architectural paints business of Sherwin-Williams Paints India for an undisclosed sum. Berger Paints is acquiring the business through its wholly owned subsidiary Brushworks Paints. “This transaction will significantly increase our presence in key markets. It builds on our strategy to grow our architectural paints business throughout India and it brings a high quality, committed team of employees to Berger Paints India,” said K.S. Dhingra...
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