Coatings World - July 2014

Teknos Group Oy
Helsinki, Finland
www.teknos.com 40

PRIVATE COMPANY YEAR ESTABLISHED: 1948

REVENUE: $379.887 million MARKETS SERVED

• Architectural coatings • Industrial coatings

KEY EXECUTIVES

Pekka Rantamaki, CEO; Lassi Tirkkonen, metal coatings; Kim Smith, industrial wood; Arto Mannonen, architectural coatings; Jari Schneider, technology and purchase

Teknos Group Oy is the leading supplier of industrial coat- ings in Scandinavia with a strong position in retail and ar- chitectural coatings too. Teknos is one of Finland’s largest family-owned businesses. Group companies operate in Scandinavia, Germany, the UK, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in approximately 20 other European countries. The company recently acquired a 40 percent minority share in Manfield Chemical (Changzhou) Co. Ltd. paint factory located in Changzhou, China. Manfield Chemical has been the local contract supplier of industrial coating products for Teknos in China since 2011. The annual capacity of the paint factory in Changzhou is approximately 2,500 tons. The new company operates under the name Manfield Teknos Chemical (Changzhou).

Ennis-Flint manufactures and distributes pavement marking materials. It offers traffic paints; hot-applied thermoplastics, such as alkyd thermoplastics and hydrocarbon thermoplastics; raised pavement markers; plural components; crosswalks and traffic calming solutions; green bike lane treatments; and detectable warning products. The company also offers preformed thermoplastic pavement markings that are used for transverse markings, such as crosswalks, legends, arrows, symbols, interstate shields and more. Earlier in the year Reuters reported that Olympus Partners LP is in advanced talks to acquire Ennis-Flint, which is the world’s largest producer and supplier of pavement markings, from Brazos Private Equity Partners LLC. A deal will likely value Ennis-Flint between $600 million and $700 million, including debt.

PRIVATE COMPANY YEAR ESTABLISHED: 1996

REVENUE: $405 million MARKETS SERVED

• Traffic marking paint

KEY EXECUTIVES

Bryce Anderson, chairman; Steve Vetter, chief executive officer, John Midea, president and Matt Soule, chief financial officer

39Ennnis-Flint Dallas, Texas/USA www.ennistraffic.com

Noroo Paint Co., Ltd. engages in the manufacture and sale of paints and coatings worldwide. Its products include architectural coatings, which comprise natural paint, general coatings, functional coatings and Decopia; waterproof and floor coatings; decorative coatings, such as lacquers, polyurethane paints, cracking paints, wood stain, and firekeeper; primer and topcoat heavy duty coatings; and industrial coatings, including metal coatings and pattern finishes. The company also offers coating equipment; and coatings for auto refinishes and plastic finishes, as well as coil coatings. Noroo Paint Co. was founded in 2006, is headquartered in Anyang-Si, South Korea. Architectural coatings account for 40 percent of sales while industrial coatings make up 16 percent and automotive refinishes 15 percent.

Helios Group is the leading manufacturer of coatings in South Eastern Europe with approximately 3,000 employ- ees in more than thirty companies in fourteen countries and recorded sales of $429.230 million in 2013. Recently Ring International Holding took over the majority package of Helios shares. Ring became an indirect majority owner of Helios Domžale, d.d. with ownership of 77. 93 percent of all its shares. The acquiring company is Remho Beteiligungs GmbH, RIH’s parent company for its entire coating division. RIH sees potential for synergies between it’s coating division and Helios, the two of them combined becoming one of Europe’s most dominant player in the coatings industry.