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Synopsis
BirlaNu, a building materials and home solutions company, completed the acquisition of Clean Coats, an Indian manufacturer and exporter specializing in high-performance specialty coating materials and construction chemicals, for INR1.2bn. “The acquisition of Clean Coats is a strategic step in strengthening BirlaNu’s portfolio in specialty construction chemicals and high-performance coatings. This transaction brings together Clean Coats’ technical expertise, proven formulations, and export capability with BirlaNu’s strong brand presence, market reach, institutional relationships, and execution scale. Together, we will reinforce our leadership in delivering high-performance solutions for complex infrastructure and industrial customers while further building scale and differentiation in the retail segment,” Avanti Birla, BirlaNu President.
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