Nippon Paint will pay EUR 1.15 billion and is scheduled to purchase all Cromology shares during the first half of 2022. Nippon expects Cromology to contribute to its earnings per share from the first year, creating shareholder value. The French company, established in 2006, recorded sales of EUR 628 million in 2020. The Japanese company sees the growth potential in the European market. "We recognise that the European paint market is the world's second largest following the China market and has good prospects for stable growth," a spokesperson said. This region is expected to ...