Painting a pretty picture

Paint maker DuluxGroup might book about double the savings forecast from its takeover of building products and garage door supplier Alesco. Three months after acquiring the business, DuluxGroup managing director Patrick Houlihan said cost synergies of $9 million had been identified, ahead of the original estimate of $5 million.

By InvestSMART · 26 Mar 2013

By InvestSMART ·
26 Mar 2013

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Paint maker DuluxGroup might book about double the savings forecast from its takeover of building products and garage door supplier Alesco. Three months after acquiring the business, DuluxGroup managing director Patrick Houlihan said cost synergies of $9 million had been identified, ahead of the original estimate of $5 million.

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Painting a pretty picture

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