Inver SpA
Bologna, Italy
www.inver.com
Diamond Vogel Paints
Orange City, IA
www.diamondvogel.com
PRIVATE COMPANY
YEAR ES TABLISHED: 1934
COATINGS REVENUES:
$140 million
SEGMENT BREAKDOWN
KE Y PEOPLE
Giorgio Domenichini, president; Giovanni Domenichini,
CEO; Gabriele Domenichini,
CIO; Corrado Minghetti, operations manager and director;
Matteo Roversi, CFO.
PRIVATE COMPANY
YEAR ES TABLISHED: 1926
COATINGS REVENUES:
$135 million
SEGMENT BREAKDOWN
Inver S.p.A. is primarily engaged in the manufacture of industrial liquid and powder coatings with 2009 sales revenue of approximately $140 million. The sale of
powder coatings makes up about half of Inver’s sold quantities. The firm further strengthened its position as a powder coating supplier when it announced in October 2008
that it was acquiring Beckers’ powder coatings operations
in Europe. Specifically, Inver acquired Becker Powder
Coatings’ four European production plants located in
France, UK, Poland and Italy. This acquisition will almost
double the scale of Inver’s existing powder business and
provides it with an excellent platform for establishing a
higher profile in the European industrial coatings market.
This acquisition makes Inver the fourth largest producer
in the European powder market. ;
Diamond Vogel Paints is a family-owned, Midwestern- based paint manufacturer and retailer headquartered in Orange City, IA. The company operates seven manufacturing facilities an over 80 service center outlets. The company is a provider of liquid and powder coatings for industrial
OEM applications, architectural paints fo commercial and
homeowner applications, and heavy-duty protective coatings
for industrial maintenance applications. Some of the latest
products that have been added to Vogel’s portfolio include
Pool-Cote CR chlorinated rubber pool paint for painting or
repainting existing swimming pools; Finium DTM Semi-Gloss Primer/Finish, a premium heavy-duty 100% acrylic
semi-gloss primer/finish; Color Interior Latex Paint Plus
available in flat, eggshell and semi-gloss; and Grain Stain
Semi-Transparent Water-Based Stain. ;
59
Empils
Rostov-on-Don, Russia
www.empils.ru
Cloverdale Paint Inc.
Surrey, British Columbia, Canada
www.cloverdalepaint.com
PRIVATE COMPANY
COATINGS REVENUES:
$130 million
60
PRIVATE COMPANY
YEAR ESTABLISHED: 1933
COATINGS REVENUES:
$120 million
SEGMENT BREAKDOWN
KE Y PEOPLE
Sergey Nikitin, general manager;
Mikhail Kryachkov, trade house
director; Dmitriy Altukhov, marketing director; Elena Kuzmenko,
decorative coatings.
SEGMENT BREAKDOWN
• Architectural coatings
• Wood coatings
• Powder coatings
KEY PEOPLE
C. Alan Mordy, president and
CEO; Paul Schmidt, VP finance;
Wink Vogel, chairman.
In 2009, Empils highlighted that its line of Oreol water- based paints grew 31% and the Rastsvet colored enam- els grew 16% compared with the same period of 2008.
Empils’ paint and varnish sales volume for the first nine
months of 2009 amounted to 53,622 tons. In comparison
with the same period of 2008 sales increased four percent
in physical terms and 12% in the Russian market. Also
during the year, Empils added new product categories—
sealing foams and sealants—to its product range through
a partnership with Slovenia-based TKK Srpenica. The new
products are designed both for professionals installing
windows, doors, bathroom and lavatory equipment and for
DIY consumers. TKK Srpenica has been manufacturing
sealing materials for more than 60 years. ;
Cloverdale Paint maintains more than 100 retail stores and a network of dealer outlets 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. ;
