KANSAI PLASCON AFRICA

Kenya, South Africa, Tanzania, Uganda
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Bowmans advised Kansai Plascon Africa Ltd (KPAL), a top global paint manufacturer and a subsidiary of Kansai Paint Co., LTD (Kansai Paint), in relation to its acquisition of 100% of Sadolin Paints’ operations in Kenya, Uganda, Tanzania, Zanzibar and Burundi (Sadolin Paints).  The transaction is significant as it is considered to be one of the largest corporate acquisitions in East Africa in the last two years. The transaction has an interesting cross-border nature and is a first step in Kansai’s Africa strategy entailing the evolution from a Southern Africa-focused company towards a pan-African company.

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