Berger Paints owns 100% shares of Jenson & Nicholson (Bangladesh) Limited (JNBL), a pioneer metal can manufacture company in BangladeshBerger Paints Bangladesh Limited, a publicly traded multinational company, is set to invest Tk91.48 crore on Jenson & Nicholson (Bangladesh) Limited (JNBL) for establishing the latter's second factory in Savar. Berger Paints Bangladesh Limited owns 100% shares of JNBL. Berger Paints Bangladesh is the market leader in the Bangladesh Paints industry. Berger alone holds 52% market share, followed by Asian Paints 18%, Roxy 7%, Elite 7%, Pailac 5%, and Aqua paints 2%, the study elaborates. Berger Paints Bangladesh was listed on the Dhaka Stock Exchange in 2006.

Source: Dhaka Tribune November 01, 2020 15:33 UTC