About AOC
AOC is a company based in Schaffhausen (Switzerland) founded in 1960 was acquired by Nippon Paint Holdings in October 2024. It operates as a B2B2C. AOC offers products and services including Specialty Formulations and Atlac® 430E.
- Headquarter Schaffhausen, Switzerland
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website aocresins.com
- Social LinkedIn X
- Acquired by Lone Star Funds (Jul 2021)
- Legal Name Aoc Formulations
- Date of Incorporation 22 Dec, 2008
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹70.99 Cr
FY 2025 · -5% YoY
- Net Profit₹16.99 Cr
FY 2025 · 24% margin
- EBITDA₹23.02 Cr
FY 2025 · 32% margin
- InvestorsCVC
& 2 more
- Acquired by
Associated legal entities of AOC
AOC operates through Aoc India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aoc India Private Limited CIN U24132PN2008PTC133265 | Active | 22 Dec 2008 | Pune, Maharashtra | ₹71.0 Cr | 9 | 4 | View details |
Products & Services of AOC
AOC offers a comprehensive portfolio of products and services, including Specialty Formulations and Atlac® 430E.
Specialty formulations are provided for diverse industrial applications.
Resin formulation is developed to reduce styrene emissions.
Investors in AOC
AOC has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include CVC, Nippon Paint Holdings and Lone Star Funds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in real estate, corporate equity, credit, and financial assets are conducted globally by Lone Star Funds. | – | lonestarfunds.com | - | |
Mezzanine financing and equity investments are provided by CVC. | 1981 | cvc.com | New York, United States | |
Paints, coatings, and fine chemicals are manufactured globally. | 1881 | nipponpaint-holdings.com | Osaka, Japan |
Investor details for AOC
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Board of directors of Aoc India Private Limited (AOC)
Aoc India Private Limited is the primary company behind AOC. The board of Aoc India Private Limited currently have 4 directors; the longest-serving is Gajendra Kumar, appointed in 2023. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gajendra Kumar DIN 10185056 | Director | 31 May 2023 | 3 yrs 4 mo | Aoc India Private Limited |
| Rakesh Pandita DIN 10212693 | Director | 24 Jun 2023 | 3 yrs 3 mo | Aoc India Private Limited |
| Lori Martin Browne DIN 10154525 | Additional Director | 01 Dec 2025 | 10 mo | Aoc India Private Limited |
| Jonathan Pantanowitz DIN 11421933 | Additional Director | 11 Dec 2025 | 9 mo | Aoc India Private Limited |
People of AOC
14 people are tracked at AOC (7 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
| Executive Vice President & General Counsel | Leadership | |
Andrew Ballage | Vice President Procurement | Leadership |
Joe Salley | CEO | Leadership |
Julianne Leggatt | Vice President Compliance And Deputy General Counsel | Leadership |
Fernando Miquel Peraire | VP Manufacturing & Supply Chain EMEA At AOC | Leadership |
Arno van Slooten | VP New Business Development & Strategic Marketing | Leadership |
Fons Harbers | Director Of Sales And Marketing | Leadership |
Dave Cockburn Mba | Technical Leader | Team |
Geert Klumperman | Manager HSE & Quality Engineering | Team |
Gilbert Cuzdey Jr Gsp | Environmental Health Safety Coordinator | Team |
Sophie Verdier | Ingénieur Process Et Support Production | Team |
Tobias Mora | Sales Manager - Mexico | Team |
Tom Warren | Plant Manager | Team |
Andreas Horbach | Technical Service Manager | Team |
Complete people profiles for AOC
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Financials of AOC
Figures of Aoc India Private Limited, the primary company behind AOC, for FY 2025. Revenue was ₹70.99 Cr (-5% year on year). Net profit was ₹16.99 Cr (24% margin). EBITDA was ₹23.02 Cr (32% margin). Revenue has grown at a compounded annual rate of +1% over three years and +3% over five years.
- ₹70.99 CrRevenue · FY 2025 · -5% YoY
- ₹16.99 CrNet profit · 24% margin
- ₹23.02 CrEBITDA · 32% margin
- ₹1 LakhPaid-up capital
- 9Employees (provident fund records)
- +1%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aoc India Private Limited are on its company page.
Detailed financial statements for AOC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of AOC
4 dated milestones of AOC across 64 years, from founding to its latest funding, stage changes and deals.
- Founded AOC is founded.
- Exit Acquired by CVC.
- Exit Acquired by Lone Star Funds.
- Exit Acquired by Nippon Paint Holdings.
Latest news on Aoc
Complete news archive for AOC
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Similar companies to AOC
10 companies that operate in the same segment as AOC (Materials Distribution & Associations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AFC Industries is recognized as a full-service industrial distributor. | 2015 | Fairfield, United States | USD 34.01 M | – | – | |
Polymers and elastomers are distributed by Distrupol across Europe. | 1963 | Chertsey, Surrey, United Kingdom | – | USD 99.72 M | 78 | |
Industrial products and services are supplied to multiple sectors. | 1933 | Dallas, Texas, United States | – | USD 2.16 B | 7,380 | |
Materials including metals, alloys, ceramics, glasses, and polymers are supplied. | 1946 | Huntingdon, United Kingdom | – | – | – | |
Midstream tungsten products are supplied by MHT from Vietnam operations. | 2010 | Ho Chi Minh City, Vietnam | USD 90 M | – | – | |
Plastic components are distributed by Carclo in the United Kingdom. | 1924 | Ossett, West Yorkshire, United Kingdom | – | USD 151.23 M | 958 | |
Sophisticated software tools are developed and integrated for associations. | 2015 | London, England, United Kingdom | USD 3.75 M | – | – | |
International trader and distributor of chemicals, petrochemicals, polymers, and paper products | 1985 | Mumbai, Maharashtra, India | – | USD 331.79 M | 9 | |
Provider of investment and financial services to oil and gas business | 2020 | Dallas, Texas, United States | – | – | – | |
Exploration for natural rutile, heavy mineral sands, rare earth elements, and niobium is conducted by DY6 Metals. | 2022 | United States | – | – | – |
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Frequently Asked Questions about AOC
AOC was founded in 1960.
AOC is headquartered in Schaffhausen, Switzerland. It is registered at Schaffhausen, Schaffhausen, Switzerland.
The primary company behind AOC, Aoc India Private Limited, reported revenue of ₹70.99 Cr for FY 2025, down 5% year on year.
AOC is established as a global leader in providing specialty formulations and solutions for various industries. The company is focused on enabling customers to create durable and versatile products for applications in coatings, protective barriers, colorants, adhesives, and composites. Operations are supported by strong manufacturing and scientific capabilities worldwide. Sectors served include transportation, marine, anti-corrosion, infrastructure, and building construction. Innovative solutions are developed in collaboration with customers to ensure quality and reliability for current and future needs.
AOC offers Specialty Formulations and Atlac® 430E.
AOC has 3 investors. Key investors include CVC, Nippon Paint Holdings, and Lone Star Funds.
AOC operates through Aoc India Private Limited.
Yes. AOC was acquired by Lone Star Funds in July 2021.
The legal entities of AOC currently have 4 directors, including Jonathan Pantanowitz, Lori Martin Browne, Gajendra Kumar and others.