Skip to content
Investment

Crown Paints Inks Deal with Indian Based Walplast

BY Soko Directory Team · September 5, 2018 11:09 am

Crown Paints Plc has entered into a partnership with Indian based Paint Manufacturer Walplast Products Pvt Ltd to provide more quality products for the construction industry in the East African market.

Crown Paints has been selling the Walplast’s cement putty product in Kenya and the region and the announcement of the partnership is now expected to further strengthen the company’s grip in the paint market as well as broaden its portfolio.

 The technical collaboration between Crown & Walplast India also focus on the manufacturing and providing solutions like skimming material for the booming construction Industry in the region.

“The East African construction sector will hugely benefit from this collaboration. Crown Walplast Putty has been well received in this market and gives us the confidence that in future we can introduce more variety of textures, gypsum base skimming and ready-mix plaster products in this market,” said Crown Paints Group Chief Executive Officer, Mr. Rakesh Rao.

“Walplast and its extensive well-equipped Research and Development laboratories have developed truly path-breaking products in India. Their laboratories are equipped with internationally certified high-end technology machines and hence I am hoping these products benefit our market.”

Walplast products Pvt Ltd Chairman Ashok Mehta, said, “We aim and strive to take Crown-Walplast to greater heights and achievements in all East African markets while maintaining continuous interaction with consumers to assess their emerging requirement, so as to be ready as and when the needs arise.”

Mehta said Crown Paints and Walplast Products Pvt Ltd will collaborate with the philosophy of nurturing business relations and mutual growth adding that both companies will aim to achieve 1000 metric tons in East African regions by the year 2022.

With collaboration, both companies are keen to provide solutions to construction Industries and realize that they need to be close to their customers so as to serve them better and achieve a striking balance between affordable price and without compromising the quality of products

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

Trending Stories
Related Articles
Explore Soko Directory
Soko Directory Archives