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Kansai Paint completed the acquisition of a 50% stake in Polisan for $110m.

Synopsis

Kansai Paint, a Japanese chemical company, completed the acquisition of a 50% stake in Polisan Boya, a decorative paints group, for $110m. The company's main area of activity is paints used in construction and insulation works, special purpose and auxiliary products, insulation materials, thinner, paste and by-product groups such as brushes, rolls, spray, masking tape, hand tools and construction chemicals offered particularly for painters through its widespread distribution channel.

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