Berger Paints owner


'Come on, guys, have a cold one,' offered Vijay to his guests. He was also earlier associated with Bells Control Ltd., BOC Gases Ltd., Fortis Health Care Ltd., The Gramophone Co. of India (HMV) Ltd. (as the CEO), Dunlop Tyres, Asian Paints Limited and others.

and a distinguished alumnus of IIT, Madras.

Kuldip Singh Dhingra is the Chairman of the Board of Directors. He needed funds for his other businesses and this deal would help with that.While many people intuitively understood Kuldip's desire to be part of the corporate world, they found his keenness to buy Berger perplexing. asked Vijay.He told his friend Kuldip that he would speak to Mallya and try to set up a meeting.He is also one of the largest importers of wines and other liquor.They were going to be the owners of a multinational company! Mr. Dhingra is a graduate, an Industrialist, a Promoter of the Company and has considerable experience in the paint industry, especially in its technical aspects.

He is a Promoter of the Company, is an Industrialist with long standing experience in paints and related industries. And what's this, I am to remain the chairman for the next six months?

'I told him that I had a sensitive relationship with Vijay Mallya's company.

He upped his asking price. He was the Managing Director and co-head of the India office of Warburg Pincus and a Management Consultant with McKinsey & Company, USA and South Africa prior to that.Mr. Officer and former Home Secretary of India. Mallya understood, astutely, that the Dhingras were very keen to acquire Berger Paints. He was conferred "Doctor of Philosophy"' (Honoris Causa)­ Chancellor, Singhania University.Mrs. My entire business depended on him. He was earlier associated with M/s Shaporji Pallonji & Company Limited.

It was like looking at a car and wanting to buy it without going on a test drive or even checking how much of mileage it had done already,' said Surinder.

He is an Indian Administrative Service (I.A.S.)

After that it is your call anyway.

'I did not know anything about Berger except maybe the turnover and the fact that it was a professional multinational,' said Kuldip.With his export profits, Kuldip wanted to shorten the time to get to the top five.When he considered the net present value of the money it would take Rajdoot to get to the top five, the deal with Vijay seemed in the range, though the numbers were just about pushing the boundaries.He was not sure if Kuldip would be able to take forward the discussion about buying a company like Berger.Kuldip asserted that while he was an emotional man he took business decisions non-emotionally and said the decision to buy Berger was an unemotional, cold business decision. 'But we had gone for work, how could we have beer?' Dr. Mittal served as President in Indian Business Congress (IBC), Chairman in BRICS Chamber of Commerce and Industry and a Member of Board of Thapar University.Mrs.

So, I knew that I would meet Vijay in the next few days,' said Surinder.Mallya knew Surinder was a common factor.However, both parties were unwilling to put an end to the negotiations.

Berger was established two centuries ago and now it has grown to become one of the world’s largest paints manufacturer.


'But you know that the deal is almost done,' said Vijay sounding a bit irritated that one of his business associates was talking about an unrelated business deal. Berger Paints Bangladesh Ltd., the absolute market leader in Bangladesh paints industry, and Chugoku Marine Paints, Ltd. (CMP) of Japan have entered into an agreement for cooperation and collaboration in the field of marine and related industrial paints in Bangladesh.

He then changed his name to Lewis Berger. She has successfully led Business Development efforts in the Company in respect of Retail Business in addition to providing guidance and handling various other matters such as Marketing and Corporate Affairs.Mr. She is currently an Independent Director of a number of companies and Member of the Advisory Board of Dharma Life and Executive Access India Private Limited.

Ltd Bandenawaz (Pvt.)

We talked of many things, laughing and chatting. 'What is it, Surinder?'

He has worked in a number of senior positions in The Central Government and State Governments.
'Vijay Mallya used to sponsor the Derby in Bombay every year. 'We had oodles of money. Dr. Mittal has an experience of more than 35 years in fields of Civil Engineering, Consultancy of Real Estate Development, Merger & Acquisition and Project Management.Mr.

Berger Paints Pakistan Limited-Chairman Board of Directors DadexEternit Ltd. Ray Shipping Enterprises (Pvt.)

Have you confirmed with Vijay Mallya? 'I knew they were doing well in exports but Berger was a multinational.

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