Asian Paints
Asian Paints, founded in 1942, has evolved into India's leading paint company and the fourth largest in Asia, boasting a turnover of Rs. 158.5 billion. With operations in 19 countries and 26 manufacturing facilities worldwide, the company serves consumers in over 65 countries. Established by four friends aiming to compete with dominant international paint brands in India, Asian Paints quickly grew into a significant corporate entity, achieving market leadership in decorative and industrial paints since 1967. Today, it remains twice the size of its nearest competitor in India, driven by a strong consumer focus and commitment to innovation, offering a diverse range of paint products.
3 past transactions
Sleek International
Acquisition in 2013
Sleek International, established in 1993 and headquartered in Mumbai, India, is a leading manufacturer and retailer of customized modular kitchen solutions. The company offers a wide range of products, including kitchen accessories, appliances, cabinets, hardware, and fittings, catering to both residential and commercial sectors. Sleek International operates through a network of over 17 retail shop-in-shop outlets, 15 standalone retail outlets, and 460 dealer outlets across India, making it the country's largest modular kitchen brand. The company is known for its innovative and efficient kitchen designs, world-class quality, and excellent craftsmanship, having partnered with renowned international brands like Grass, Lamp, and Scilm. Sleek International has installed over 30,000 modular kitchens annually and serves more than 10 lakh Indian homes annually. Since 2013, the company has been a subsidiary of Asian Paints Limited, aiming to grow systematically and dominate the modular kitchen business in India.
Berger International
Acquisition in 2002
Berger International Limited manufactures, sells, and distributes painting products. The Company also provides and supplies building material and related products.
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