30-Year Paint Brand with Own Formulas, Long An

Overview

Paint and coating business with a brand dating to 1995, seven registered formulas, a 100-dealer network and rooftop solar income.

Brand since 1995; current legal entity set up in 2015
About 2,000 m² land (38 years of land-use rights left) and a 1,200 m² owned plant
Capacity 195,000 litres a month, currently 60% used
US-technology mixing and automatic tinting line; 7 proprietary formulas with registered IP
100 dealers across the Central and Southern regions retain about 85% of customers
189 kWp rooftop solar system earning roughly VND 40M a month
Average revenue VND 11bn (2022–2024), versus VND 20bn before COVID; net margin about 10%

Construction-materials, chemicals and industrial-coatings groups looking for an established brand, IP and distribution.

Sale of 100% of shares or assets at an asking price of VND 26bn, or a partnership to expand.

USD figures are indicative, converted at about VND 25,500 per US$. Figures come from the seller and are unaudited.

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