Kansai Paint $572 million acquisition of Helios Group

Overview:

• Kansai Paint has acquired Helios Coatings for $572 million from Ring International Holdings.
• Helios Coatings is based in Austria and Slovenia and is a provider to the automotive industry of proprietary, environmentally friendly, metallized and premium paint coatings and other finishes for wheels and other parts.
• Kansai Paint is a Japanese manufacturer of decorative, automotive, industrial, protective and marine coatings with over 12,000 employees and is active in 43 countries.

Sam Duke - Editor