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New Deal


Announced

Completed

Nippon Paint completed the acquisition of Betek Boya from DAW for $404m.

Financials

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Transaction Value£313m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales1.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

paint manufacturer

Acquisition

Private

Friendly

Paints and Coatings

Turkey

Majority

Cross Border

Completed

Synopsis

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Nippon Paint Holdings, a Japanese paint and paint products manufacturing company, completed the acquisition of Turkish paint manufacturer Betek Boya from Akpinar family and German DAW, for $404m. "The company aims to become a leading company that continues to create new value by advocating the goal of establishing a leading position in Asia and accelerating global growth," Nippon Paint.

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