Coatings World - October 2010

Fresh Paint
BASF Coatings Spa sells production site in
Burago Molgora to Alcea Industries

port (CT). BASF’s business in Italy for automotive OEM coatings and refinish coatings are not affected by the transaction. BASF will also continue to market and to grow Salcomix brand and products for small industry. Employees working in the refinish and OEM coatings businesses will relocate from Burago to BASF’s site in Cesano Maderno (MB) in 2011.

In a deal with Alcea Industries Srl, BASF Coatings Spa has sold its production site in Burago Molgora, Italy.

BASF Coatings Spa has sold its Italian production site in Burago Molgora for the manufacturing of industrial coatings to Alcea Industries Srl, effective October 1, 2010. In addition to the manufacturing facility for liquid paint in Burago Molgora, the transaction encompasses the business of BASF Coatings Spa in Italy with anodic, elec-trodisposition coatings for home appliances, heating and general industry and liquid paints for automotive supply metal (ASM) as well as the related customer portfolio. Employees working in these businesses will transfer to Alcea Industries Srl which is part of Alcea Group. BASF’s customers for anodic technology and ASM will be supplied by Alcea. The agreement with Alcea Industries Srl includes a distribution contract for cathodic technology and a license agreement related to liquid paints for automotive supplier metal (ASM) and commercial trans-

TEKNOS AND OLIVA
MERGE IN POLAND
Teknos and Oliva have signed an
agreement to merge together and
become one of the leading players in
the Polish metal paint market.
According to the agreement the new
company will operate under Teknos-
Oliva name and brand. This deal is
expected to close by the end of
October. Oliva is a well-known brand
in Poland in the metal industry paints
and yacht paints markets. The compa-
ny has 90 employees with its main
office and paint factory in Gdynia.
Olivia recorded sales of approximate-
ly € 8 million in 2009. The new compa-
ny Teknos-Oliva will have a turnover
above € 20 million and it will be one of
the leading players in the Polish
metal and industrial wood coatings
markets. Production will continue in
Gdynia. Krzysztof Bruski, owner and
CEO of Oliva Group, will continue to
work for Teknos-Oliva as a member of
the supervisory board and managing
director of Teknos Poland. Piotr
Niedziólka will be the managing
director of the new Teknos-Oliva.