Nirlat

Company Overview

Snapshot

Founded in September 1983, Nirlat operates with 51–200 employees. The company was acquired by Inrom Group in March 2021.

Business overview

Nirlat specializes in the production of paints and coatings for both home and industrial applications. Its product portfolio includes water-based paints for interior and exterior use, wood paints, powder paints, and various infrastructure products. The company's R&D efforts focus on developing advanced acrylic sealant technologies, encompassing solvent-based wet paints, electrostatic powder coatings, and acrylic water-based solutions. Nirlat serves the construction and architecture industries, operating within the Industrial Technologies sector.

Strategic signal

Nirlat's acquisition by Inrom Group in March 2021 signals a strategic consolidation within the industrial coatings market. This move indicates Inrom Group's intent to expand its market share and product offerings by integrating Nirlat's established paint and sealant manufacturing capabilities. For investors, this highlights a trend of strategic M&A activities aimed at achieving vertical or horizontal integration in the industrial materials sector.

Company Intelligence Q&A

What is Nirlat's primary business?

Nirlat manufactures paints, sealants, and coatings for both residential and industrial applications, including water-based paints, wood paints, powder paints, and infrastructure products.

When was Nirlat founded?

Nirlat was founded in September 1983.

What was a significant corporate event for Nirlat?

Nirlat was acquired by Inrom Group in March 2021, in a deal valued at 266 million Israeli Shekels.

What types of products does Nirlat develop in its R&D laboratories?

Nirlat's R&D laboratories develop acrylic sealant technology, including solvent-based wet paints, electrostatic powder coatings, and acrylic water-based paints.

Which company did Nirlat acquire?

Nirlat acquired Tech Coat in April 2016.