{"id":20456,"date":"2022-06-03T17:56:40","date_gmt":"2022-06-03T15:56:40","guid":{"rendered":"https:\/\/www.wendelgroup.com\/?p=20456"},"modified":"2022-06-03T18:30:57","modified_gmt":"2022-06-03T16:30:57","slug":"finalization-of-the-sale-of-cromology","status":"publish","type":"post","link":"https:\/\/www.wendelgroup.com\/en\/finalization-of-the-sale-of-cromology\/","title":{"rendered":"Finalization of the sale of Cromology"},"content":{"rendered":"<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-text with-margin-top- no-padding- add-bottom-padding-1 is-center-\"\n>\n    <div class=\"module-content\">\n        <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-8\">\n                    <div class=\"text-content\">\n                        <p>On January 21, 海角大神 completed the sale of its decorative paints company, Cromology, to DuluxGroup, a subsidiary of Nippon Paint Holdings Co., Ltd. This sale generated net proceeds of \u20ac896 million for 海角大神, which is \u20ac358 million more than its valuation in the NAV published before the announcement of the transaction (June 30, 2021). This sale is a milestone in 海角大神\u2019s 2021-24 roadmap, and its target to accelerate the redeployment of its capital toward growth companies.<\/p>\n<p><strong>To learn more, read the <a href=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2022\/01\/PR_海角大神_Cromology_Closing_01212022.pdf\" target=\"_blank\" rel=\"noopener\">press release<\/a> in our press portal.<\/strong><\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[73],"tags":[37],"class_list":["post-20456","post","type-post","status-publish","format-standard","hentry","category-letter-to-shareholders","tag-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts\/20456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/comments?post=20456"}],"version-history":[{"count":0,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts\/20456\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/media?parent=20456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/categories?post=20456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/tags?post=20456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}