Coatings World - July 2009

33

The Wattyl Group

North Ryde, Australia www.wattyl.com.au

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Berger Paints India Ltd.
Kolkata, India
www.bergerpaints.com

PUBLIC COMPANY HEADCOUNT: 2,000 COATINGS REVENUES: $359 million

SEGMENT BREAKDOWN

• Industrial

• Marine

• Decorative/architectural

KE Y PEOPLE John Ingram, chairman; John Nolan, managing director; John Foyle, CEO of Wattyl New Zealand; David Marginson, general manager, Wattyl Australia Pty.

PUBLIC COMPANY HEADCOUNT: 1,410 YEAR ES TABLISHED: 1923 COATINGS REVENUES: $352 million

SEGMENT BREAKDOWN

• Decorative

• Automotive

• Industrial

KE Y PEOPLE Subir Bose, managing director, executive director; Kuldip Singh Dhingra, chairman of the board; Anirudha Sen, vice president

Wattyl, which currently ranks as Australia’s sec- ond largest paint manufacturer, is a paint and surface coatings company with manufacturing, sales and distribution facilities in Australia and New Zealand. The company produces a broad range of paints, varnishes, lacquers and special purpose protective coatings. Wattyl’s products are used by individuals, contract painters and industrial customers. During the year, Wattyl developed a new point of sale Wattyl Colour Designer, a color selection system. It enhanced its range of interior and preparatory products to strengthen its position in the interior sector and launched a new range of Wattyl industrial protective and marine coatings to strengthen its position in the industrial sector. Wattyl also introduced a new computerized point of sale system for its Wattyl and Solver stores in both Australia and New Zealand. ;

Berger Paints was founded in 1923 and is active in a wide variety of decorative and industrial paint sectors and continues to gain an increasing share of the highly competitive Indian paint market. As India’s second largest paint manufacturer, with its headquarters in Kolkata, Berger controls a distribution network comprising 66 stock points and approximately 10,000 dealers, spread across the vast country. During 2008, Berger Paints India invested $38.6 million to acquire Polish firm Bolix SA. The acquisition was made through Berger’s wholly-owned subsidiary Cyprus. ;

35

Teknos Group Oy Helsinki, Finland www.teknos.com

36

Cloverdale Paint Inc. Surrey, British Columbia, Canada www.cloverdalepaint.com

PRIVATE COMPANY
HEADCOUNT: 920
YEAR ES TABLISHED: 1948
COATINGS REVENUES:
$346 million

SEGMENT BREAKDOWN

• Industrial coatings

• Architectural coatings

KE Y PEOPLE Pekka Rantamaki, CEO; Soile Haavisto, financial director; Raimo Anjala, managing director.

PRIVATE COMPANY
HEADCOUNT: 100
YEAR ESTABLISHED: 1933
COATINGS REVENUES:
$340 million

SEGMENT BREAKDOWN

• Architectural coatings

• Wood coatings

• Powder coatings

KEY PEOPLE

C. Alan Mordy, president and CEO; Paul Schmidt, VP finance; Wink Vogel, chairman.

Teknos Group Oy is the leading supplier of indus- trial coatings in Scandinavia with a strong posi- tion in retail and architectural coatings too. Teknos is one of Finland’s largest family-owned businesses. During the year, Teknos continued with the design and permits of its Russian plant investment. It also finalized its investment in increasing the capacity of Teknos Denmark. The firm also began negotiations to acquire GORI Industry’s industrial wood business from Danish paint manufacturer Dyrup A/S. To strengthen its position in the Swedish architectural coatings market, Teknos opened a new paint shop for professional paint customers in Stockholm Västberga. Teknos also acquired long-time partner Do-Ral in Slovenia. Teknos recently opened a new representative office in Minsk, Belarus and in Kiev, Ukraine. ;

Cloverdale Paint maintains more than 100 retail stores and a network of dealer out- lets across Western Canada and the Pacific Northwest. The firm manufactures architectural and industrial maintenance products. Directly and through subsidiary companies in Calgary, Alberta (Far-go Paint Inc.) and Portland, OR (Rodda Paint Company), Cloverdale operates manufacturing plants in Surrey, Portland, Winnipeg, Edmonton and Calgary. In terms of acquisitions, Cloverdale most recently bought Guertin Coatings of Winnipeg, Manitoba, Canada, which produces liquid and powder industrial coatings, resins, sealants and adhesives in a 78,000 square foot facility in Winnipeg. ;