Ansa acquires Lewis Berger

We recognise the importance of partnerships in accelerating growth and we are now poised to leverage our combined teams and resources to produce even greater value for our customers in the Caribbean architectural coatings market.” He added, “ We are pleased to have all three Berger entities as new operating subsidiaries of the ANSA McAL Group and look forward to working with all Berger’s employees to execute on our vision.

Together, we will define the future of the paints and coatings industry in the Caribbean.” ANSA McAL is publicly listed on the TT Stock Exchange with market capitalisation of US$1.7 billion. Through its ANSA Coatings Limited subsidiary, the group has produced and marketed paints, coatings and materials trusted by customers for over 55 years.

LBOH is a privately held British company with equity-ownership stakes of 100, 70 and 51 percent respectively in Berger Paints Barbados Limited, Berger Paints Trinidad Limited and Berger Paints Jamaica Limited respectively.

The combined Berger Caribbean business has estimated net sales of US$35 million.