Smart Coatings – M&A Strategies will continue to be the Game Changer in Paints and Coatings Industry By 2024.
The merger and acquisition activities will continue to be at the center of paint and coatings industry despite being a seller’s market. The overall market for paint and coating is reaching and maturity stage, which is currently driving the M&A activities. Many industry experts recognize a seller’s market in the coatings industry where both private equity and strategic buyers are aggressively pursuing targets and boosting up valuation, especially for premium firms. A majority of the leading players are primarily functioning in the developed markets with significant underlying growth. The mechanism is limited for these companies to achieve growth and meet the rising expectations of their investors. Therefore, acquisition is one way to fulfill their requirements. Companies are making smart decisions by implementing strategic M&A, which also helps they achieve substantial synergies through acquisitions. It also helps is reduction of raw material cost, as companies can cut down ...