Sipco will expand its footprint in the kingdom with this acquisition, increase production capacity, drive localization efforts and provide high-quality decorative coatings for residential, commercial and industrial applications. Sipco will also expand its F&I skills, introduce new formulations that are suitable for the region's climate and to promote sustainability through environmentally friendly, durable coatings.
Local contractors, developers and homeowners benefit from a broader selection of powerful decorative coatings that withstand the climate of the region and at the same time correspond to the global quality standards.
“This is more than an expansion; It is an investment in the future of Saudi Arabia, ”said Ameer Hamza Hassan, CEO of Kaizen Paint Middle East (KPME). “Sipco has a strong legacy in industrialighticlaps, and with premium colors that are now part of our family, we bring the decorative segment with the same innovation and quality. This acquisition strengthens our local manufacturing skills, keeps us closer to our customers and enables us to deliver superior products faster and at the same time support the kingdom's drive according to economic self -sufficiency. “
Mamoon Ali, Country Manager from Sipco, emphasized the strategic effects of the acquisition. “This step strengthens the role of Sipco in supporting the localization agenda of Saudi Arabia and ensuring faster production, reducing imports and tailor-made solutions for large projects. The expansion of local production increases the efficiency of the supply chain, quality control and accessibility. Critical factors that the kingdom drives with its ambitious infrastructure goals. This investment not only has the growing demand, but also contributes to the economic diversification and the creation of jobs. “
High -quality coatings are essential for durability, safety and efficiency in real estate, oil and gas, electricity generation, water and waste water as well as for construction. Decorative and protective coatings improve aesthetics and weather resistance in buildings, while corrosion-resistant colors protect the oil and gas infrastructure from extreme conditions. When generation of electricity, heat-resistant coatings prevent thermal damage, and chemical-resistant colors protect against leaks and contamination in water and sewage systems.
As a leading manufacturer of high -performance coatings, SIPCO plays an important role in the provision of trusting, industry -compliant solutions that ensure long -term protection and reliability for critical infrastructures.
Saudi Industrial Paint Company (Sipco), a subsidiary of Kaizen Paint Middle East (KPME), has complete ownership of Premium Paints Company (PPC), a Saudi-in Saudi-like coating manufacturer, before that a joint venture between red Sea building material and equipment trading Co. and Sherwin-Williams Company. The acquisition is carried out when Saudi Arabia accelerates its vision 2030 agenda and drives a construction boom through large-scale infrastructure and urban development projects.
Sipco will expand its footprint in the kingdom with this acquisition, increase production capacity, drive localization efforts and provide high-quality decorative coatings for residential, commercial and industrial applications. Sipco will also expand its F&I skills, introduce new formulations that are suitable for the region's climate and to promote sustainability through environmentally friendly, durable coatings.
Local contractors, developers and homeowners benefit from a broader selection of high -performance decoration coatings that withstand the region's climate and at the same time correspond to the global quality standards.
“This is more than an expansion; It is an investment in the future of Saudi Arabia, ”said Ameer Hamza Hassan, CEO of Kaizen Paint Middle East (KPME). “Sipco has a strong legacy in industrialighticlaps, and with premium colors that are now part of our family, we bring the decorative segment with the same innovation and quality. This acquisition strengthens our local manufacturing skills, keeps us closer to our customers and enables us to deliver superior products faster and at the same time support the kingdom's drive according to economic self -sufficiency. “
Mamoon Ali, Country Manager from Sipco, emphasized the strategic effects of the acquisition. “This step strengthens the role of Sipco in supporting the localization agenda of Saudi Arabia and ensuring faster production, reducing imports and tailor-made solutions for large projects. The expansion of local production increases the efficiency of the supply chain, quality control and accessibility. Critical factors that the kingdom drives with its ambitious infrastructure goals. This investment not only has the growing demand, but also contributes to the economic diversification and the creation of jobs. “
High -quality coatings are essential for durability, safety and efficiency in real estate, oil and gas, electricity generation, water and waste water as well as for construction. Decorative and protective coatings improve aesthetics and weather resistance in buildings, while corrosion-resistant colors protect the oil and gas infrastructure from extreme conditions. When generation of electricity, heat-resistant coatings prevent thermal damage, and chemical-resistant colors protect against leaks and contamination in water and sewage systems.
As a leading manufacturer of high -performance coatings, SIPCO plays an important role in the provision of trusting, industry -compliant solutions that ensure long -term protection and reliability for critical infrastructures.