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Asian Paints acquires 100% stake in White Teak

PRIVATEJun 28, 2025

Acquiring Company

Asian Paints

Acquired Company

White Teak

MumbaiBengaluruManufacturingManufacturingFashionRetail

Description

Asian Paints has acquired the remaining 40% stake in White Teak for Rs 188 crores. This acquisition gives Asian Paints full ownership of White Teak, turning it into a wholly owned subsidiary. The move aligns with Asian Paints' strategy to expand its product offerings beyond paints into home décor solutions. The company previously owned 60% of White Teak through earlier acquisitions.

Quick answer

Asian Paints is acquiring White Teak, announced June 28, 2025. Asian Paints is based in Mumbai, Maharashtra, India.

How much did Asian Paints pay for White Teak?
The deal value was not disclosed.
What does Asian Paints do?
Asian Paints is India’s largest paint manufacturing company.
Where are Asian Paints and White Teak based?
Asian Paints is based in Mumbai, Maharashtra, India. White Teak is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Asian Paints?
Fundz holds 1 contact at Asian Paints. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Asian Paints

Location

Mumbai, Maharashtra, India

About

Asian Paints is India’s largest paint manufacturing company. It provides a wide range of decorative and industrial paints. The company aims to offer end-to-end home décor solutions. It has a significant market presence in the Indian paint industry.

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Frequently asked

Who acquired White Teak?

White Teak was acquired by Asian Paints, based in Mumbai. The deal was reported on June 28, 2025. Asian Paints is India’s largest paint manufacturing company. It provides a wide range of decorative and industrial paints. The company aims to offer end-to-end home décor solutions. Asian Paints is privately held and operates in Manufacturing.

When did Asian Paints acquire White Teak?

Asian Paints's acquisition of White Teak was reported on June 28, 2025. Asian Paints has acquired the remaining 40% stake in White Teak for Rs 188 crores. This acquisition gives Asian Paints full ownership of White Teak, turning it into a wholly owned subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does White Teak do?

The White Teak Company brings to you a luxury range made to tie your home together. We understand that your home reflects what you value, and our collection is designed to match your personal taste. It is privately held, operating in Manufacturing, and is based in Bengaluru.

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