Acquired by Berger, Johnson & Nicholson in 1969 through an offshore arrangement. Consequently, all subsidiaries worldwide had to change their names to reflect the new ownership. In Nigeria British Paints (West Africa) became Berger Paints Nigeria Limited and Lewis Berger (Overseas Holdings) Limited, United Kingdom became the foreign shareholders. Factories in Port Harcourt & Lagos merged under the new business name Berger Paints Nigeria Limited.
Following the Nigeria Enterprise Promotion Decree of 1972, the owners of Berger Paints Nigeria Limited divested through an offer for sale of 60% of their shares on the Nigeria Stock Exchange (NSE) and we became the first paint manufacturing company to be quoted on the NSE on 14th December 1973.
Commenced production of premium quality decorative paint under the international name LUXOL in 1975 and TEXTCOTE-fire retardant in 1978.
Introduced PROCOL; an insect repellent paint formulated to eradicate domestic insects such as mosquitoes and cockroaches.