Betek Boya, a Turkish paint and coatings manufacturer, was sold to Nippon Paint for USD 405 mn

ÜNLÜ & Co acted as the sell-side advisor to Betek Boya ve Kimya Sanayi A.Ş.in this transaction

Company
Betek Boya ve Kimya Sanayi A.Ş.
Transaction
Sector
Activity
Manufacture of paint and coating
Date
Country
Türkiye - Japan

Betek Boya is a Türkiye-based manufacturer of decorative paints, coatings, and construction materials, known for brands such as Filli Boya. The company operates production facilities and a wide distribution network, supplying both domestic and international markets. Betek has been a key player in Türkiye’s construction chemicals and decorative paints sector, with a focus on innovation, brand strength, and customer service.

With this transaction, Nippon Paint, an Asia-based global paint and coatings group, acquired Betek Boya for USD 405 mn, aiming to enhance its presence in Türkiye and expand its operations in the wider EMEA region.