CORPORATE
Overview of Nippon Paint
Background
Established in 1967, Nippon Paint (M) Sdn. Bhd. (NPM) is a market leader in the coatings industry and the No. 1 paint brand in Malaysia and Asia. The company places strong emphasis on Research & Development to be the coatings expert in various segments such as architectural, automotive, industrial, protective, marine, waterproofing and flooring.
Inspired by their customers, NPM saw the launch of their painting tools range in 2017 to offer quality and beautiful finish solutions. As the company grew, it acquired ownership of Selleys in May 2020 and expanded into the home improvement segment for Sealants, Adhesives and Fillers (SAF). In April 2021, NPM acquired a majority stake in Vital Technical Sdn. Bhd. (V-Tech) to further strengthen its market leadership in the home and industrial improvement solutions industry.
As part of NPM's expansion initiatives, NPM acquired CMI Construction Material Industry Sdn. Bhd. (CMI) and CMI Marketing Sdn. Bhd. (CMIM) in February 2022 to diversify its product portfolio in cementitious dry-mixed pre-packed additives, skim coat, plasters, tile adhesives, waterproofing and technical mortars. The acquisition has further strengthened NPM's positioning as a Total Coatings and Construction Solutions (TCCS) provider, providing compatible solutions from the floor up to the roof and everything in between.
NPM has won several awards such as the Reader’s Digest Trusted Brand Awards (2006 – 2021), Putra Brand Awards (2010 – 2021), and Parents’ Choice Awards 2019. It has also received industry accolades like Appies 2018 Gold Award, Best Company for Leadership in Paint Technology Asia by IAIR in 2014, Frost & Sullivan’s Paint & Coatings Company of the year in 2011, the Paint Company of the Year in 2016 and the New Product Innovation Leadership Award 2016. The Group has also received the Green Label Certification, Eco Labelling Certification License and several Green Excellence Awards by Frost & Sullivan in its concerted efforts to champion sustainability towards a greener footprint.