Khimji Paints is a leading paints and coatings manufacturer in Oman, with more than 70 employees and a distribution network of more than 50 of its own and independent retailers.

"This transaction marks a significant milestone for Hempel in our global growth journey. We will now be better equipped to meet the needs of our customers with an extensive offering of products and services," said Hempel executive vice president of decorative Joe Devitt.

Last September, Hempel completed its purchase of UK luxury paint company Farrow & Ball and last March, the company acquired Wattyl Australia and New Zealand from major US paints firm Sherwin-Williams.

Author: Elaine Burridge, Freelance Journalist