Nippon Paint Group sees the JUB Group as a story of growth and an opportunity to establish a regional platform for further expansion into the markets of Central and Eastern Europe.
The JUB Group has become part of the Nippon Paint Group, based in Japan, which is the fourth largest paint manufacturer in the world and the largest in Asia. With its financial strength, technological solutions and economies of scale, the Nippon Paint Group will further accelerate the future growth and development of the JUB Group.
Under the patronage of the Nippon Paint Group, JUB is thus enabled complete autonomy and independent growth, while at the same time taking advantage of the Nippon Paint Group’s access to the global market, technologies, capacity and extensive capital resources.
We would like to highlight a few more important facts:
Recognized and leading brands of the JUB Group are maintained and developed further; product range will be expanded by exploiting the Nippon Paint Group’s product range and technology.
JUB retains all employees and opens new jobs and maintains existing management.
With its innovation capacity, the JUB Group will become part of the global Nippon Paint Group research and development community, which has 3,000 members, in which partner companies share technical expertise and knowledge while maintaining full autonomy in research and development.
The JUB Group will strengthen the management of retail channels and the distribution network for business customers.
Nippon Paint Group supports all investments in JUB’s production.
Nippon Paint Group has a wide portfolio of products and brands in categories outside the decorative paint segment, which JUB will offer through its wide distribution network.