# JSW Paints to acquire 74.76% stake in Akzo Nobel India

JSW Paints Limited signed definitive agreements to acquire up to 74.76% stake in Akzo Nobel India Limited from Akzo Nobel N.V. for a maximum consideration of up to INR 8,986 crores, subject to regulatory approvals and a mandatory tender offer.

- Type: Acquisition
- Announced: 2025-06-27
- Where: India
- Value: $10.8B (898.6B INR)
- Status: announced
- Products: decorative paints, industrial coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Akzo Nobel](https://endata.com/companies/22737.md) (partner)
- [Akzo Nobel India](https://endata.com/companies/30122.md) (target)
- [JSW Paints](https://endata.com/companies/85618.md) (acquirer)

## Sources

- [jsw.in](https://www.jsw.in/newsroom/press-releases/jsw-paints-signs-definitive-agreements-to-acquire-akzo-nobel-india-in-a-strategic-move-to-grow-in-indias-paints-industry/), 2025-06-27: "This transformative acquisition positions JSW Paints as one of the major players in the sector which is expected to see robust growth in the years ahead."

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