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Centrum Broking Report
Asian Paints Ltd. announced two acquisitions to supplement its vision of becoming most inspirational home decor brand empowering the consumers to create dream homes.
The two acquisitions reaffirm its core strategy moving from ‘share-of-surface' to ‘share-of-space' augmenting its home decor foray last year.
The decorative lighting and designer fans segment growing 18-20% and these segment being integral part of homes, Asian Paints intends to leverage the expertise of White Teak promoters along with its own experience in offering inspirational decor to home owners.
White Teak offers a unique blend of capabilities in designer and decorative lighting products with internet of things enabled technology.
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