Nippon Paint Holdings Completes Acquisition of AOC
Nippon Paint Holdings Co. Ltd. has completed its acquisition of all equity interests in AOC, a specialty formulator with operations primarily in the Americas and Europe.
The transaction closed March 3, 2025, making AOC a subsidiary of Nippon Paint Holdings. The company reported an acquisition price of approximately $2.194 billion.
AOC develops, manufactures and distributes unsaturated polyester, vinyl ester and other solutions for coatings, adhesives, sealants, elastomers, colorants and composites. Its products serve markets including construction, infrastructure, transportation and marine.
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