Berger Paints
#2048
Rank
$8.01B
Marketcap
India
Country
Mr. Abhijit Roy (CEO, MD & Director)
Mr. Sujyoti Mukherjee (VP of Fin. & Accounts)
Mr. Arunito Ganguly (VP, Company Sec. & Compliance Officer)
Summary
History
European
In 1760, Louis Berger, started a dye and pigment manufacturing business in England, which later changed to Louis Berger & Sons Limited. In 1770, Louis Steigenberger shifted from Frankfurt to London to sell a Prussian blue colour, which was made using his own formula. Mr. Berger perfected this process & art of the blue colour, which was the colour of most military uniforms of that time. He then changed his name to Lewis Berger. By 1870, Berger Paints was selling 19 different pigments such as black lead, sulphur, sealing wax and mustard. After his demise, his sons took over the business.
Indian sub-continent
On 17 December 1923, Mr. Hadfield set up Hadfield's Ltd., a small paint company in Calcutta. Towards the end of 1947, British Paints acquired Hadfield's Ltd and thus British Paints Ltd was incorporated in the State of West Bengal. In 1951, sales offices were opened in Delhi and Bombay and a depot was started in Guwahati. In 1969, Berger Jenson Nicholson Limited, UK bought British Paints Ltd. This marked the beginning of Lewis Berger's legacy in India. In the year 1973, D. Madhukar took over as the managing director. Sales figures reached over ?16 crore by 1978. The 80s and the 90s saw the launch of many new products such as emulsions and distempers. In 1991, UB group sold the company to Kuldip Singh Dhingra and Gurbachan Singh Dhingra . Subir Bose took over as managing director on 1 July 1994. Bose retired on 30 June 2012, handing over the company to Abhijit Roy, the current managing director. On Mar 13, 2013, Berger Paints has acquired the Mumbai-based architectural paints division of Sherwin Williams. In the year 2021, Berger Paints set up their plant in Sandila in the state of Uttar Pradesh.
Pakistan
On 25 March 1950, Berger Paints Pakistan Limited was incorporated in Pakistan. In 1955, the Karachi factory was established. In 1974, Berger Pakistan became a public limited company. In 1974, Berger Pakistan 50.62% shares were held by Jenson & Nicholson Limited , 49.38% shares were held by Pakistani investors. In 1991, Slotrapid Limited, a British Virgin Island company, acquired control of Berger Paints Pakistan Limited by purchasing 50.62% shares of the company.
Bangladesh
In the geographical region of Bangladesh, Berger Paints were imported from Berger UK and then from Berger Pakistan. In 1970, the Kalurghat, Chittagong factory was inaugurated. In 1980, the name of the company changed from J&N Limited to Berger Paints Bangladesh Limited.
Mission
Vision
Key Team
Mr. Kilambi Krishna Sai (Sr. VP of Sales & Marketing)
Ms. Rishma Kaur (National Bus. Devel. Mang. of Retail & Exec. Director)
Mr. Kanwardip Singh Dhingra (National Bus. Devel. Mang. - Automobile & Gen. Industrial and Exec. Director)
Mr. Sunil Sharma (Pres)
Mr. Tapan Kumar Dhar (Sr. VP of R&D)
Mr. Vikash Sarda (Chief Financial Officer)
Mr. Aniruddha Sen (Sr. VP of Legal & Corp. Affairs)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Berger_Paints
https://in.investing.com/equities/berger-paints-(i)
https://finance.yahoo.com/quote/BERGEPAINT.NS/profile?p=BERGEPAINT.NS
https://www.comparably.com/companies/berger-paints-india/mission
https://www.crunchbase.com/organization/berger-paint
Mr. Abhijit Roy (CEO, MD & Director)
Mr. Sujyoti Mukherjee (VP of Fin. & Accounts)
Mr. Arunito Ganguly (VP, Company Sec. & Compliance Officer)