# Kansai Paint to acquire 100% of Helios Coatings Group

Kansai Paint signed a share purchase agreement to acquire 100% of Helios Coatings Group, making Helios its European center for R&D, innovation and business development. The transaction is expected to close in two to three months after antitrust approval.

- Type: Acquisition
- Announced: 2016-12-06
- Where: Vienna, Austria, Austria
- Status: announced
- Products: paints, coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kansai Paint](https://endata.com/companies/20439.md) (acquirer)
- [Helios Coatings Group](https://endata.com/companies/20440.md) (target)

## Sources

- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/kansai-paint-will-acquire-100-of-shares-in-helios-coatings-group/), 2016-12-06: "For Kansai Paint, Helios Group with almost EUR 400 million turnover, represents a pillar in the very important market of Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.