KUALA LUMPUR: Nippon Paint Holdings Co Ltd (NPHD) has announced that Nippon Paint (M) Sdn Bhd (NP Malaysia), a 100% subsidiary of NPHD, is acquiring majority stakes in Vital Technical Sdn Bhd.
Vital Technical, established in 2002, is the number one player in the Malaysian Sealants, Adhesives and Fillers (SAF) market. It is headquartered in Malaysia with four production facilities and has expanded its business to more than 70 countries worldwide, mainly in South-East Asia.
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