According to officials, as part of Kansai’s expansion drive, the Ugandan market filled the bill as they measured a consumer of decorative paints given the growing middle class and the current construction boom in the country. “Obviously that’s a major change for us, we have been trading with Sadolin paints since 1963, that is 55 years and making a change of name is a very step but we’ve done it for very good reasons Kansai Plascon a major role they play they are one of the big paint companies in the world. They bought Plascon paints in South Africa in 2011 and now have a strategy where they want to invest throughout Africa. They recently opened an operation in Nigeria but then this is a major purchase.” Said, Chris Nugent – Managing Director, Kansai Plascon Uganda Ltd.

“They have been looking around West Africa for a joint venture finalized last year. And looking around East Africa to do also an acquisition. And am very happy to announce today that we bought the Sadolin Group and I think they are the excellent partner for this region, for our region they have an excellent staff, relationship with customers. So we will bring in our technology, know-how. Like chris said nothing else on the ground will change because their people will still be here; the staff we will retain.” Said, Wim Bramer – Managing Director, Kansai Plascon East Africa.

So effective next week, the paint manufacturer will be trading as Plascon Uganda Ltd. Sadolin also joined sister companies in Kenya and Tanzania on the list of Kansai Plascon acquisitions in the region. officials remained tight leaped on the transaction price but sources estimated the price at 125 million US Dollars.