Coatings World - July 2014

Amember of Yasar Holding, Yasar Coatings Group is of the leading paint producers in Turkey. Consisting of five com- panies led by Dyo Boya, it serves the market with 1,000
different products. Under the brand names Dyo and Dewilux, Yasar
Coatings Group employs approximately 1,100 people and exports
its products to 40 countries. The group’s export markets are located
primarily in Central Asia, the Middle East, Europa and Russia. The
company is active in the decorative, marine and industrial paints
sectors as well as car refinishes, furniture paints and lacquers. DYO
Boya recently opened a new plant to produce powder coating in the
Aegean province of Manisa. The plant was opened with an invest-
ment that will reach 25 million Turkish Liras when the project term
is completed and its production capacity will be 6,000 tons a year.
CIN (Corporação Industrial do Norte S.A.) is a Portuguese privately owned paint and coatings company, established in 1926, acting through subsidiaries in Portugal, Spain, France,
Angola, Mozambique, Mexico and South Africa and looking to ex-
tend its activities to other countries in Europe, Africa and South
America.

The company reported revenue of $261 million for 2013. Turnover for the group was €187M, reflecting growth of 1.2 percent. This positive growth reflects the improvement in the international economic environment and the increasing evidence of recovery in core markets which were the worst affected in previous years.CIN is the Iberian paint and coatings market leader since 1994.

PRIVATE COMPANY YEAR ESTABLISHED: 1926

REVENUE: $261 million MARKETS SERVED

• Architectural coatings • Industrial
coatings • Protective coatings

KEY EXECUTIVES

João Serrenho, chairman and CEO; Ângelo Machado, board member; Fernando Jorge Ferreira, CFO

PRIVATE COMPANY YEAR ESTABLISHED: 1927 REVENUE: $255 million MARKETS SERVED

• Construction paints • Industrial paints
• Furniture paints • Automotive paints
• Marine paints

KEY EXECUTIVES

Mehmet Aktas, Yasar Holding’s Paint Group CEO; Ahmet Yigitbası, president DYO Boya

Yasar
Yasar Izmir, Turkey
www.dyo.com.tr 52 CIN – Corporação Industrial do Norte, SA Maia, Portugal
www.cincoatings.com
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Ostendorf GmbH & Co. KG (JWO) has been producing paints, varnishes, lacquers and enamels since 1948 for a variety of applications. It has its affiliates in Great Britain, Poland, Austria, Czech Republic, Switzerland, France and Hungary. It has a production capacity of more than 500 million liters per year and a staff of 800. It operates an integrated production and logistics facility at its headquarters in Coesfeld where it produces paints, trim and stains in one of Europe’s most modern paint factories. In October of 2012 J.W Ostendorf took over all corporate shares of the French paint producer Renaulac. With this acquisition JWO strengthens its path of profitable growth, diversification and internationalism.

Kelly-Moore Paints is a leading premium paint manufacturer and retailer located in the western U.S. The company was founded in San Carlos, California in 1946 by William Kelly and William Moore. Kelly-Moore had sales of $288.2 million in 2013. The company has stores located throughout the western U.S. in California, Washington, Oregon, Arkansas, Texas, Oklahoma and Nevada. San Carlos and Hurst, Texas are home to its manufacturing plants.

This year Kelly-Moore formed an agreement with four manufacturers to offer a targeted assortment of specialized coatings through its retail stores. The offerings will include Devoe High Performance Coatings and Modern Masters Specialty Finishes-Metallics.