ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Kansai Paint to buy Ugandan company Sadolin

Japanese company seeks to bolster presence in Africa's growing market

OSAKA -- Kansai Paint aims to enlarge its footprint in the expanding African market with plans to acquire building paint company Sadolin group of Uganda around springtime.

The Osaka-based company will buy all stakes in Sadolin via a South African unit, a purchase estimated at more than 10 billion yen ($87.5 million).

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more