Nippon Paint completed the acquisition of VIBGYOR.

Nippon Paint, a Japanese paint and paint products manufacturing company, completed the acquisition of VIBGYOR, an Indian company that specializes in manufacturing and supplying industrial coatings. Financial terms were not disclosed. "The acquisition of VIBGYOR Paints and Chemicals marks a step forward in our India growth strategy. Besides helping us gain a strong foothold in the Indian Railways, this acquisition also enables us to expand our commercial vehicles and industrial paints business in the country," Sharad Malhotra, Nippon Paint Director and President.