BERGER PAINTS NIGERIA PLC

What BERGER PAINTS NIGERIA PLC does

Berger Paints Nigeria Plc is a publicly listed Nigerian paint manufacturer and distributor (NGX: BERGER.ng) founded in 1959 and headquartered at 102 Oba Akran Avenue, Ikeja, Lagos. It is the largest paint manufacturer in Nigeria by market presence, operating with 251-500 employees and an ISO 9001:2015-certified quality management system. The company manufactures and sells decorative paints (Luxol Premium, Luxol Gold, and Superstar ranges), industrial coatings (Prolast, epoxy, alkyd, zinc-rich primer systems), marine and protective coatings (Protecton), road-marking paints, surface preparation products (Berger Rufhide putty), and a full thinner line, alongside mechanised paint application services through its wholly-owned Swift Painting subsidiary.

The business operates a multi-channel go-to-market model combining company-owned Colour World and Colour Mart retail outlets, an own-store e-commerce platform (bergerpaintsnig.com/shop) with Paystack payment integration, 17+ pickup locations across Lagos, Abuja, and Port Harcourt, and a direct enterprise sales motion via Swift Painting for commercial and large residential projects. Pricing is unit-based across standard, premium, and super-premium tiers (e.g., Superstar Standard Matt 20L at ₦59,017.50-₦99,437.50 versus Luxol Premium Satin 20L at ₦156,412.50-₦164,905.00). Sub-brands target distinct price-quality segments: Luxol for premium decorative, Superstar for standard decorative, Protecton for marine and corrosion protection, and Prolast for industrial coatings.

Revenue is generated almost entirely within Nigeria across five primary customer segments: residential homeowners, commercial buildings, infrastructure development, industrial/manufacturing facilities, and marine/coastal installations. FY2025 revenue reached approximately N13 billion (20% YoY growth), with profit after tax of N1.57 billion (a 157% increase from N610.9 million in 2024), supported by a 55% cost-to-sales ratio — the lowest among Nigeria's three major listed paint manufacturers. The company declared a total 2025 dividend of N1.65 per share (37.5% increase, N478.2 million in aggregate payout), indicating shareholder-return discipline alongside reinvestment in retail expansion and eco-friendly product innovation.

Name

BERGER PAINTS NIGERIA PLC

Legal name

Berger Paints Nigeria Plc

Website

https://bergerpaintsnig.com

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

251–500 employees

Short description

Berger Paints Nigeria Plc is the largest paint manufacturer and distributor in Nigeria, producing decorative, industrial, and marine coatings under the Luxol, Superstar, Protecton, and Prolast brands, and serving residential, commercial, infrastructure, industrial, and marine customers through retail outlets, e-commerce, and the Swift Painting application subsidiary.

Ownership category

akta.pro rank

Product category

Paints and Coatings Manufacturing

NAICS

Paint and Coating Manufacturing (325510)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Architectural & Decorative Paints (IMAEAHAA)

akta.pro secondary industry

Architectural & Decorative Paints (IMADAKAA)

Keywords

• Decorative paints
• Industrial coatings
• Marine coatings
• Protective coatings
• Wall putty

Headquarters

HQ city

Ikeja

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Paints and Allied Products Sales: Revenue generated from manufacturing and selling decorative paints (interior/exterior emulsions, gloss, satin finishes), industrial coatings, marine coatings, and protective coatings. Products sold through own retail outlets, e-commerce platform, and distribution network.
2. Swift Painting Application Services: Mechanized paint application service subsidiary offering professional painting services for commercial and residential projects, combining skilled manpower with innovative technology.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Berger Paints Nigeria Plc manufactures and distributes a comprehensive portfolio of decorative paints (interior and exterior emulsions, gloss, satin, matt finishes), industrial coatings, marine and protective coatings, surface preparation products, and road marking paints. The company also offers mechanized paint application services through its subsidiary Swift Painting, and operates an extensive retail network of Colour World and Colour Mart outlets with custom colour matching capabilities across Nigeria.

Product overview

Berger Paints Nigeria Plc is Nigeria's largest paint manufacturer offering a comprehensive portfolio of decorative, industrial, and marine coatings. The product range spans premium brands (Luxol Premium, Luxol Gold) and standard products (Superstar) for architectural applications, alongside specialized industrial coatings (Prolast) and marine/protection coatings (Protecton) for manufacturing equipment, machinery, and corrosion protection. The portfolio includes surface preparation products (Rufhide wall putty), various primers (epoxy, alkyd, zinc-rich types), road marking paints, and a complete range of paint thinners. The company positions itself through brand tiers—premium (Luxol Gold, Luxol Premium), standard (Superstar), and industrial (Prolast)—serving the housing, infrastructure development, and industrial expansion sectors in Nigeria.

Differentiator

Problem solved

Functional benefit

Brands

• Luxol: Premium paint range including Luxol Premium Matt, Luxol Premium Satin, Luxol Premium Silk, Luxol Premium Gloss, Luxol Gold, Luxol Undercoat, and Luxol Green Paint with zero VOCs
• Superstar
• Protecton
• Prolast
• Swift Painting
• Colour World
• Colour Mart
• Berger Rufhide
• Berger Sterilizing Solution

Products and services

• Luxol Premium Matt Nigeria's first eco-friendly matt finish paint with low VOCs, offering coverage up to 16 square meters per liter with two-coat application. Available in 20L size for interior and exterior use.
• Luxol Premium Satin Interior emulsion paint with high-performance satin finish allowing easy cleaning and light scrubbing, ideal for high-traffic interior spaces. Priced from ₦156,412.50 to ₦164,905.00.
• Luxol Premium Gloss Premium quality gloss finish paint for interior and exterior applications.
• Luxol Premium Silk Premium silk finish paint offering smooth application and vibrant finish for interior and exterior surfaces.
• Luxol Gold Super-premium paint range engineered for maximum durability in tropical conditions, suitable for both interior and exterior use.
• Luxol Gold CoolComfort Premium paint with heat-reflecting technology for cooler interior surfaces.
• Luxol Gold Salt Safe Emulsion Premium emulsion paint designed for coastal areas with salt resistance properties.
• Luxol Green Paint Eco-friendly paint with zero volatile organic compounds (VOCs) for health-conscious consumers.
• Luxol Undercoat White Undercoat paint providing base preparation for topcoat applications.
• Superstar Standard Matt Standard quality matt finish paint for general interior and exterior applications. Available in 20L size with multiple color options. Priced from ₦59,017.50 to ₦99,437.50.
• Superstar Standard Gloss Standard quality gloss finish paint for general applications. Priced from ₦39,345.00 to ₦41,925.00.
• Superstar Standard Satin Standard quality satin finish paint for interior and exterior use.
• Prolast Industrial Coatings Industrial coatings for manufacturing equipment, machinery, floors, and iron or metal structures requiring long-lasting durability under industrial conditions.
• Protecton Marine & Protection Coatings Specialized coatings formulated for high-corrosion areas offering protection against rust, harsh weather, chemical exposure, and abrasion.
• Berger Rufhide Wall Putty High-quality wall putty for concrete or mortar walls and ceilings, ideal for surface preparation and smoothening before painting.
• Epoxy Coatings Range Two-pack high build epoxy coatings including Epoxy High Build, Epoxy Finish, Epoxy Coaltar, Epoxymastic Aluminium, and Epoxy Filler for industrial applications requiring resistance to abrasion, chemicals, salt water, and corrosion. Epoxy High Build priced from ₦58,440.91 to ₦69,230.00.
• Road Marking Paints Road marking paints available in reflective and non-reflective variants for White, Black, and Yellow colors. Non-reflective range priced from ₦40,205.00 to ₦2,153,332.50.
• Berger Sterilizing Solution Fungicidal wash designed to eliminate algae and fungal growth on painted surfaces.
• Swift Painting Application Service Wholly-owned subsidiary offering mechanized paint application services combining skilled manpower with spray machine technology for faster and better quality application on commercial and large-scale residential projects.

Quantifiable outcome

• Profit after tax increased by 147.7% to ₦1.57 billion in 2025
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• IFMA Nigeria ChaptercoreStrategic or Co-development Partner · 29 May 2026Berger Paints Nigeria participated in the 2026 World Facility Management Day celebration organized by IFMA Nigeria Chapter in Lagos, alongside other corporate brands including African Export-Import Bank and Julius Berger Facilities Management. Industry stakeholders argued that facility management has evolved into a strategic asset class impacting corporate profitability, infrastructure longevity, and environmental sustainability.
• Innovate UKminorStrategic or Co-development PartnerBerger Paints Nigeria leverages strategic partnerships such as with Innovate UK and digital transformation initiatives to drive sustainable growth. The partnership supports innovation and technology development in the paint manufacturing sector.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Akzo Nobel (Dulux): Global paints and coatings giant (owner of Dulux) with presence across Africa; competes with Berger in premium decorative paints and industrial coatings and represents the global incumbent whose Nigeria expansion could pressure Berger's premium tier.
• Kansai Paint: Global coatings major with operations in Africa; comparable to Berger's industrial and decorative coatings portfolio, particularly in automotive/OEM and architectural segments.
• PPG Industries: Global industrial and architectural coatings major; comparable to Berger's Prolast industrial coatings and marine/protective lines, representing broad incumbent competition in specialty segments.
• Jotun: Global paint manufacturer with a long-standing presence in Nigeria and across Africa; competes with Berger's marine and protective coatings (Protecton range) and decorative segments.
• Sherwin-Williams: World's largest paint company with a global architectural and industrial coatings portfolio; analogous to Berger in decorative and industrial products, though operating at vastly larger scale across multiple geographies.

Direct peers

• Crown Paints (Crown Berger): Pan-African paint manufacturer with historical links to the Berger name; competes with Berger Paints Nigeria across East and West African decorative and industrial markets.
• Chemical and Allied Products Plc (CAP): Nigerian-listed manufacturer of paints, coatings, and related chemical products; one of the three major listed paint companies in Nigeria directly cited as a comparator (cost-to-sales 56.2% in H1 2025) and competes head-to-head with Berger across decorative and industrial segments.
• Meyer Plc: Nigerian-listed paints and coatings manufacturer cited as the third major listed competitor (62.5% cost-to-sales), competing with Berger in decorative and industrial coatings within the same Nigerian market.

Emerging players

• PG Industries (Proguard Coatings): Niche industrial coatings players in the West African market offer comparable protective and marine coating products to Berger's Protecton and Prolast ranges, targeting similar oil & gas and infrastructure customers.
• Hempel: Global coatings company specializing in marine, protective, and decorative paints with strong presence in West Africa; directly comparable to Berger's Protecton marine and Prolast industrial range.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@bergerpaintsng
• Facebookweb.facebook.com/Bergerpaintsng
• Instagraminstagram.com/bergerpaintsng
• Xx.com/bergerpaintsng

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BERGER PAINTS NIGERIA PLC