100% of shares in Helios Coatings Group will be gained by Kansai Paint

100% of shares in Helios Coatings Group will be gained by Kansai Paint

Kansai Paint (Osaka), Japan’s second largest coatings manufacturer, has announced that it will acquire Helios Group, one of the top 10 European paint makers, for €578 million ($622.4 million), in its first major step into the European paints market.

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