The Valspar (Singapore) Corporation Pte. acquires subsidiary
According to published reports, DIC India
has executed a share purchase agreement to sell its entire stake in its wholly-owned unlisted subsidiary, DIC Coatings India to The Valspar (Singapore) Corporation Pte.
DIC, along with its subsidiaries, which includes Sun Chemical, is the world leaders in printing inks with a global market share of nearly 40 percent. DIC also has a strong presence in printers’ supplies, machinery, pigments and reprographic products.