WACH Holding has sold Cresta Paints to Uhuru Investment Partners, a private equity firm focusing on West African investments, marking a strategic move in the coatings industry.
Information on the Target
Cresta Paints, a well-established company in the coatings sector, has been a key player in the market, known for its high-quality paint products and solutions. It has garnered a reputation for innovation and customer satisfaction, making it a valuable asset within the industry.
The company operates mainly in the architectural and industrial coatings segments, providing tailored solutions to a diverse clientele. With a dedicated workforce and a commitment to sustainable practices, Cresta Paints has positioned itself as a leader in the paint manufacturing sector.
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Industry Overview in the Target's Specific Country
The coatings industry in the target country is experiencing robust growth, driven by increasing demand from both construction and automotive sectors. As urbanization
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Disclosed details
Transaction Size: $39M
Enterprise Value: $360M