BirlaNu expands construction chemicals portfolio with acquisition of Clean Coats for ~Rs 120 crore

BirlaNu, part of the multi-billion-dollar CKA Birla Group, has signed an agreement for the acquisition of Clean Coats Private Limited, a leading Indian manufacturer of high-performance coatings and specialized construction chemicals. The strategic move underscores BirlaNu's commitment to scale its construction chemicals business.

Established in 1999, Clean Coats is a pioneer in specialty coatings with a comprehensive portfolio that includes epoxy and polyurethane coatings, anti-corrosion linings, flooring systems, waterproofing, and food-grade protective coatings. The company serves some of the most demanding industrial, oil & gas, and water management projects across India and in more than 27 countries globally. Supported by an in-house R&D and application development centre, Clean Coats combines formulation excellence with on-ground application expertise to deliver tailored surface-protection systems that enhance the longevity, performance, and aesthetics of critical assets.

Avanti Birla, President, BirlaNu, said: "The acquisition of Clean Coats is a strategic step in strengthening BirlaNu's portfolio in specialty construction chemicals and high-performance coatings. This transaction brings together Clean Coats' technical expertise, proven formulations, and export capability with BirlaNu's strong brand presence, market reach, institutional relationships, and execution scale. Together, we will reinforce our leadership in delivering high-performance solutions for complex infrastructure and industrial customers while further building scale and differentiation in the retail segment."

Akshat Seth, Managing Director and CEO, BirlaNu, added: "The acquisition of Clean Coats is a step forward in our commitment to double our portfolio over the next three years, with an investment outlay of over Rs 1,300 crore. We are strengthening BirlaNu's position as a leading, end-to-end provider of building products and solutions, offering innovative and sustainable products that address evolving consumer needs. Clean Coats enables us to reach a broader spectrum of customers across projects and retail channels - from advanced surface technologies to protection, adhesives, admixtures, and waterproofing - under one integrated, specialized construction-chemicals platform. For our shareholders, this transaction offers significant long-term value creation through deeper participation in this fast-growing, high-value segment."

The acquisition further strengthens BirlaNu's vision of reimagining the way India builds through innovation-led, high-performance solutions that meet modern infrastructure and housing needs. With a renewed focus on technology, sustainability, and customer-centric design across its portfolio including Pipes, Construction Chemicals, Putty, Roofs, Walls, and Floors, BirlaNu continues to position itself as a future-ready brand creating scalable impact across the value chain, from homes to highways and from individual consumers to institutional projects.

Shares of HIL Limited was last trading in BSE at Rs. 1852.95 as compared to the previous close of Rs. 1863.20. The total number of shares traded during the day was 431 in over 94 trades.

The stock hit an intraday high of Rs. 1868.00 and intraday low of 1800.00. The net turnover during the day was Rs. 792772.00.

Source : Equity Bulls

Keywords

BirlaNu INE557A01011 Expansion Acquisition CleanCoats