Taubmans Paint is an Australian paint manufacturer based in Melbourne, Victoria. It is a subsidiary of PPG Industries. [1]
Taubmans Paint was founded in 1901 by George Henry Taubman and Nathaniel James Taubman in Sydney. [2] [3] Before establishing their company, Nathaniel James Taubman and his brother George Henry Taubman imported and distributed paint supplies for painters and signwriters. [4] A paint and varnish factory was opened at St Peters, New South Wales in 1901. [2]
In 1912, Taubmans Paint was incorporated as Taubman's Ltd with a paid-up capital of £6,000. [4] [5] Two years later, in 1914, Nathaniel Taubman sold his shares to George and, together with his son Claude Percival, established the Sterling Varnish Co. in Alexandria. [2] [6]
During World War I, Taubmans opened sales branches across Australia and constructed a factory in New Zealand to accommodate rising demand. [2]
In 1928, Taubmans formed an alliance with the British firm Pinchin Johnson & Associates, gaining access to overseas paint technology. [2]
George Taubman retired as managing director in 1916 but continued as chairman until his death in 1938. [2] His son, Henry G. Taubman, took over as managing director in 1916 and served as chairman from 1938 to 1952. [2]
During World War II, raw material shortages led the company to diversify into industrial chemicals, including the production of ethylene dichloride and DDT, though this division was later sold to ICI Australia. [7]
By the 1950s, Taubmans operated factories or retail branches in every Australian state and was among the country's largest paint producers. [2] [8] In 1952, Taubmans opened a factory in Yeronga. [9] [10] During this period, it adopted new resin technologies, introduced ready-mixed and washable paints (notably its Revelite interior enamel), and launched the "Spectrocolour" system in 1958. [4]
In 1989, Taubmans was acquired by the UK chemical conglomerate Courtaulds through its subsidiary Runport Pty Ltd. [7]
In 1996, Taubmans was acquired by Barloworld Limited from Courtaulds for $38.5 million. [11] [12] Barloworld integrated Taubmans into Barloworld Coatings Australia. In 1997, Barloworld acquired Bristol Paint and merged it with Taubmans and later merged White Knight Paints as well. [13] [14] Taubmans operated under Barloworld ownership until 2007, when the paint division was divested and it was acquired by PPG Industries. [15]
In 2020, Taubmans Paint and the not-for-profit organization GIVIT launched the "In It Together" campaign to provide support to communities affected by natural disasters in Australia. [16]