# Altadia Group acquires controlling stake in Nahar Colours and Coating

Pigments Spain S.L., part of Altadia Group owned by The Carlyle Group, acquired a majority controlling stake in Nahar Colours and Coating Private Limited, a manufacturer of ceramic frits and glazes in India.

- Type: Acquisition
- Announced: 2024-10-01
- Where: India
- Status: completed
- Products: ceramic frits, engobes, compound glazes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (investor)
- [Pigments Spain, S.L.](https://endata.com/companies/43935.md) (acquirer)
- [Altadia Group](https://endata.com/companies/80188.md) (acquirer)
- [Nahar Colours and Coating Private Limited](https://endata.com/companies/80189.md) (target)

## Sources

- [amsshardul.com](https://www.amsshardul.com/shardul-amarchand-mangaldas-co-advises-the-carlyle-group-and-pigments-spain-s-l-in-the-acquisition-of-a-controlling-stake-in-nahar-colours-and-coating-private-limited/), 2024-10-01: "This strategic acquisition strengthens Pigments Spain S.L.’s position in the Indian and Asia-Pacific markets, helping the Altadia Group expand its footprint in the global ceramics industry."
- [scconline.com](https://www.scconline.com/blog/post/2024/10/02/shardul-amarchand-mangaldas-co-advises-the-carlyle-group-and-pigments-spain-s-l-in-the-acquisition-of-a-controlling-stake-in-nahar-colours-and-coating-private-limited/), 2024-10-02: "Shardul Amarchand Mangaldas & Co. has advised Pigments Spain S.L., a part of the Altadia Group, in its acquisition of a majority controlling stake in Nahar Colours and Coating Private Limited"

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