Nippon Paint India acquires Vibgyor Paints and 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.

Commenting on the acquisition, Sharad Malhotra, director and president (Automotive Refinishes), Nippon Paint India, said, “The acquisition of Vibgyor Paints and Chemicals marks a step forward in our India growth strategy. Besides helping us gain a strong foothold in the Indian Railways, this acquisition also enables us to expand our commercial vehicles and industrial paints business in the country."

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.