Nippon Paint Holdings Co., Ltd. is a Japanese paint and paint products manufacturing company. It is the seventh largest paint manufacturer globally based on revenue.
History
The company, was founded in 1881 by Jujiro Moteki under the name Komyosha. In 1898 the company was incorporated and renamed Nippon Paint Manufacturing, while in 1927 the company's name changed to Nippon Paint. In 1954, Nippon Paint established a 50/50 joint venture with Bee Chemical. In 2006, it became a wholly owned subsidiary of Nippon Paint. In October 2014 Nippon Paint was reorganized into a holding company and the company adopted its current name.
Nippon Paint (Singapore)
In 1955, Goh Cheng Liang, set up his first paint shop in Singapore and became the main local distributor of Nippon Paint. In 1962 the company set up a joint venture with Goh Cheng Liang, with a 60-40 holding, the Nipsea Management Group. In 1965, Nippon Paint set up its first paint manufacturing plant in Singapore. In November 2014, with the exception of Nippon Paint Indonesia, the NIPSEA Group officially became a subsidiary of Nippon Paint Holdings.
Nippon Paint (India)
Nippon Paint is a Japan-based company that has been in India for over a decade now.
Nippon Paint (United States)
In 2016 Nippon Paint entered into a merger agreement with Dunn-Edwards Corporation, one of the United States’ largest independent manufacturers of architectural, industrial and high performance paints. Terms of the deal were not disclosed but the transaction was finalized in early March 2017 after which Dunn-Edwards will become a wholly owned subsidiary of Nippon Paint Inc. Dunn-Edwards is based in California and has more than 130 company-owned stores and over 80 authorized dealers mainly in the southwest United States.
Presence
The company and its subsidiaries have a presence in Japan, Singapore, Malaysia, South Korea, China, Hong Kong, Indonesia, Philippines, Taiwan, Thailand, Vietnam, India, Sri Lanka, Pakistan, United Kingdom, Germany, Greece, Norway, Netherlands, Lithuania, Poland, Russia, Slovenia, Spain, Bulgaria, Estonia, Italy, United States, Brazil, Australia, the United Arab Emirate and Bangladesh.
