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Nippon Paint Holdings has completed the acquisition of a 51% stake in NPT srl, an Italian manufacturer of sealants and adhesives, through its subsidiary DuluxGroup Limited. The deal was announced on February 6, 2023, and completed on July 6, 2023.
Nippon Paint Holdings announced that its subsidiary DuluxGroup has agreed to acquire 51% of Italian sealants and adhesives manufacturer N.P.T. s.r.l. The agreements were concluded on February 3, 2023.
LeBaronBrown Industries LLC acquired a majority interest in the NPS Towel & Tissue Division of NPT Holdings Inc., a towel & tissue and specialty packaging converter.