PORTLAND PAINTS & PRODUCTS NIGERIA
Unveiling of the State-of-the-Art Paint Technology : The POS Tinting Machine
past decade . The company was disposed of through a Management buyout in 2004 , and the immediate past Managing Director led the team of five management staff that took it over . The MBO Team had limited funds , but later secured the support of a British Private Equity company , Aureos West Africa Fund . They gave the financial support needed to fully take over the Company and together with local management , were able to further develop it , and build it to where we are today .
“ We had our fair share of challenges along the way , going from having to borrow funds , through running a heavily-indebted business , to becoming a leader in the Nigerian paint industry . Since then we have continued to grow steady , and in 2009 we were listed on the Nigerian Stock Exchange . In 2013 , the foremost Nigerian Conglomerate , UAC of Nigeria bought out Aureos and became a 51
Decorative paints known as the Sandtex paints
Crown trade and Sandtex Biocote anti-microbial paint
54 March 2015