# Nippon Paint Holdings to acquire two Chinese industrial coatings makers

Nippon Paint Holdings plans to acquire Shanghai Mega Coatings and Mega Coatings Nantong in early 2019 to strengthen its industrial coatings business in China, targeting wind power and container coatings.

- Type: Acquisition
- Announced: 2018-11-29
- Where: China
- Status: announced
- Products: industrial coatings for wind power equipment and containers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nippon Paint](https://endata.com/companies/15158.md) (acquirer)
- [Shanghai Mega Coatings](https://endata.com/companies/35776.md) (target)
- [Mega Coatings Nantong](https://endata.com/companies/35777.md) (target)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXMZO38314290Z21C18A1AM1000/), 2018-11-29: "日本ペイントホールディングス（HD）は2019年初にも中国の同業2社を買収する。"

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