Previous Page  26 / 48 Next Page
Information
Show Menu
Previous Page 26 / 48 Next Page
Page Background

24

¦

MechChem Africa

February 2017

K

ansai Paint is aglobal companywith

major operations in: Japan, China

andEastAsia; SouthAsiaandSouth

EastAsia;theMiddleEast;andAfri-

ca. It is oneof the toppaintmanufacturers and

distributorsworldwidewithadiverseproduct

offering covering the decorative, industrial,

protective coatings and automotive space. It

hasworld leadingResearchandDevelopment

facilities catering for development across all

products with major R&D facilities in Japan,

India and South Africa, which continually

driveinnovationandexcellenceinthemarkets

these products serve.

Sadolin Paints is the undisputed market

leader in the East African paint industry with

a history dating back to 1959. Sadolin Paints

is the largest paint manufacturing group in

East Africa and the only one with a footprint

comprising presences in Kenya, Uganda,

Tanzania, Zanzibar, Burundi andRwanda, with

exports to several neighbouring countries in-

cluding South Sudan, DRC, Ethiopia, Djibouti

and Somalia.

The acquisition of Sadolin Paints is part

of Kansai Paint’s global expansion strategy.

This acquisition further proves Kansai Paint’s

long-term commitment to the African conti-

nent, will reinforce KPAL’s leading position

in Africa and establish its presence in East

Africa with a total population of circa 285

million people, representing around 24%and

9% of the total African population and GDP

respectively.

Farid Masood, KPAL CEO says: “We are

extremely excited about the acquisition of

Sadolin. Our 2020 vision is now being trans-

lated into realityasweevolve fromaSouthern

African focused company to becoming a Pan

African company, embracing the challenges

anddiversityof the continent. Kansai’s strong

brandheritage,globaltechnicalcapability,and

trusted performance coupled with Sadolin’s

respected reputation and presence in East

Africa, will definitely strengthen our position

as the leading paint company in Africa, en-

hancing our future growth and performance.”

KPAL believes that the benefits of the

transaction will extend to all stakeholders

of KPAL and Sadolin Paints, including dis-

tributors and other business partners. KPAL

intends to work closely with Sadolin Paints’

In early February 2017, Kansai Plascon Africa Limited (KPAL), headquartered in Johannesburg, South Africa and a subsidiary

of Kansai Paint of Osaka, Japan, announced a binding agreement for the acquisition of 100% of Sadolin Paints’ operations in

Kenya, Uganda, Tanzania, Zanzibar and Burundi – subject to regulatory approvals and other customary conditions.

MechChem

Africa

reports this story and presents some of the companies industrial offerings.

Kansai Plascon offers internal and external corrosion protection systems for tank lining and other

petrochemical and refinery plant equipment.

The specialist coatings manufacturer and supplier

has been involved with the petrochemical and

refinery industry since the mid-1970s.

Kansai Plascon is the market leader in the supply

of decorative coatings and aerosol marking paint to

the mining industry.

KPAL

acquires

Sadolin Paints

management and staff to ensure the conti-

nuity of the business and services offered

to Sadolin Paints’ valued customers, and to

maintain its position as amarket leader in the

East African markets.

As part of the transaction, the parties

have also agreed to separately investigate

the acquisition of Sadolin Paints’ operations

in Rwanda.

Corrosion-protection for

petrochemical plant

Kansai Plascon offers internal and external

corrosion-protection systems for tank lining

and other hazardous environments in the

petrochemical and refinery industry. These

coatings offer ideal protection against vari-

ous fuel types.

The specialist coatings manufacturer

and supplier has been involved with the pet-

rochemical and refinery industry since the

mid-1970s, points out Mike Byrd, national

protective coatings specification manager at

Kansai Plascon.

“We assess sights for asset owners in the

petrochemical and related refinery sector,