# Nippon Paint Holdings to acquire 75% of Alina Group LLP

Nippon Paint Holdings Co., Ltd., through its subsidiary Nippon Paint Holdings SG Pte. Ltd., has signed a share purchase agreement to acquire 75% of the share capital of Alina Group LLP, a Kazakhstan-based manufacturer of dry-mix mortars, paint and coatings. The agreement was concluded on November 11, 2023.

- Type: Acquisition
- Announced: 2023-11-13
- Where: Kazakhstan, Kazakhstan
- Status: announced
- Products: dry-mix mortars, paint, coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nippon Paint](https://endata.com/companies/15158.md) (acquirer)
- [Alina Group LLP](https://endata.com/companies/73717.md) (target)

## Sources

- [nipponpaint-holdings.com](https://www.nipponpaint-holdings.com/en/ir/news_release/20231113ir01/), 2023-11-13: "Nippon Paint Holdings Co., Ltd. is announcing that we have decided to acquire 75 percent of the share capital of Alina Group LLP."

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