Announced

Completed

Kusto completed the acquisition of Barpimo Coatings.

Synopsis

Kusto, a Singapore-based conglomerate engaged in oil production, completed the acquisition of Barpimo Coatings, a company specializing in the development of high-performance paints and varnishes. Financial terms were not disclosed. "This acquisition enriches our portfolio and strengthens our commitment to innovation and growth in the coatings sector. We are very impressed by Barpimo's excellent products, broad portfolio, advanced manufacturing capabilities, and the dedication of its team of professionals," Yerkin Tatishev, Kusto Group President.

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