Breaking News

DIC India to Sell Entire Stake in DIC Coatings India to Valspar

March 30, 2010

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.