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List of Asian Paints's Acquisitions

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Asian Paints has made a total of 8 acquisitions. The peak years were 2017, 2022, and 2024, with 2 acquisitions each. Business has been conducted across 2 countries, India and Australia, spanning 7 sectors, including Online Home Improvements, Local Services, and Nanotechnology. Between 2020 and 2025, the company averaged 0.8 acquisitions per year, with 0 acquisitions completed so far this year. The most recent acquisition is Nanova, finalized in February 2024. Founded in 2015 and based in Mumbai, the firm manufactures nanotechnology-based coatings, paints, resins, and polymers for various applications.

Here's the year on year acquisition history of Asian Paints:

Year on year acquisition history of Asian Paints202420222017Acquisitions Round Date (Yearly)0123
  • Number of Total Acquisitions
Year
# Acquisitions
2024
2
2022
2
2017
2
2015
1
2003
1

Recent acquisitions by Asian Paints

Asian Paints's most recent acquisition - Nanova is a Manufacturer of nanotechnology-based coatings, paints, resins, and polymers for various applications, founded in 2015 and located in Mumbai. Asian Paints acquired a 51% stake in it in February 2024 for a price of $*****.

Here is the list of all acquisitions by Asian Paints sorted by the latest acquisition date:

Acquired on
Acquired Company
Acquisition Price
Facilitators
Stake Acquired
Acquisition Multiple
Feb 15, 2024
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nong
54
243
Feb 15, 2024
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45
774
Apr 01, 2022
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17
903
Apr 01, 2022
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rgxw
15
741
Dec 17, 2017
mzwc
ryce
37
297

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