Nippon Paint takes over AOC: billion-dollar deal for resin production!

Nippon Paint takes over AOC: billion-dollar deal for resin production!

Collierville, Tennessee, USA - A billion -dollar deal shakes the world of chemistry! Nippon Paint Holdings from Tokyo has announced the takeover of the renowned Harzerchafter AOC from the USA for an incredible $ 2.3 billion (EUR 2.13 billion). The sale takes place by a fund from the US participation company Lone Star. With this transaction, which requires all permits, a conclusion is sought in the first half of 2025.

The company AOC, under the direction of the dynamic CEO Joe Salley, has established itself as a global player in the production of unsaturated polyester and vinylester resin. With 14 production facilities worldwide, five of them in Europe, AOC has an impressive sales forecast of 1.5 billion USD for 2023. The company generates an EBITDA of $ 528 million, which underlines its strong market position.

strategic expansion

For Nippon Paint Holdings, this purchase means a significant step into the future and a strategic expansion of its product range. AOC not only produces resins, but also important systems for coatings, adhesives, sealants and elastomers (case). This takeover could significantly increase the competitiveness of Nippon Paint on the international market and create new opportunities for innovations.