Coatings World - July 2015

Yasar
Yasar Izmir, Turkey
www.dyo.com.tr54

PRIVATE COMPANY YEAR ESTABLISHED: 1927

REVENUE: $266 million MARKETS SERVED

• Decorative paints • 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 Coatings Group is of the leading paint producers in Turkey. Consisting of five companies 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, Europe and Russia. Investments for 2014 include Dyo Powder Coatings Facility and Dyo Africa LLC. The powder coatings facility is located in Turgutlu Organized Industrial Zone and will have an initial capacity of six tons. Dyo Africa was founded in Cairo, Eqypt to handle the production marketing and sales in the construction, automotive and furniture segments in the Africa and Middle East Markets.

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 extend its activities to other countries in Europe, Africa and South America. The company reported revenue of $270 million for 2014. Architectural/decorative coatings comprised 56 percent of sales, industrial (including powder) comprised 32 percent and protective coatings comprised 11 percent. The company most recently launched Inspira Zero COV – a water-based Zero VOC interior paint available in white as well as thousands of colors.

PRIVATE COMPANY YEAR ESTABLISHED: 1926

REVENUE: $270 million MARKETS SERVED

• Architectural coatings • Industrial coatings • Protective coatings

KEY EXECUTIVES

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

53CIN – Corporação Industrial do Norte, SA Maia, Portugal
www.cincoatings.com

Flügger Group is one of Scandinavia’s largest suppliers of deco- rative paint, wood stain, wallcoverings, paint tools and clean- ing articles. Flügger Group is represented by Flügger shops in Denmark, Norway, Sweden, Iceland, Poland and China. Its subsidiary DAY-system contributes with sales from 214 shops in Denmark, Norway and Sweden. Another company, PP Mester Maling, has 41 shops in Denmark. The company has five factories; the two main ones are in Kolding, Denmark and Bollebygd, Sweden. Here Flugger produces paint, wood stain, fillers and chemical products. In Kolding it produces 20 million liters of water-based paints per year. In Bollebygd, Flugger produces 24 million liters of both water-based and turpentine-based paint per year.

Tiger Coatings produces powder coatings for industrial ap- plications and the DIY market. Its powder coatings are used in a wide variety of markets such as architecture, automotive, construction and furniture. Tiger Coatings offers products such as Tiger Drylac Powder Coatings and TigerTogital Inks. The company markets its products in Austria, Egypt, Brazil, China, Canada, Mexico, the U.S., Vietnam, Belarus, Bosnia and Herzegovina, Bulgaria, Denmark, Germany, India, Croatia, Latvia/Lithuania, the Netherlands, Poland, the Russian Federation, Switzerland, Serbia and Montenegro, Slovenia, Spain, South Africa, Taiwan, Thailand and Ukraine. Tiger Coatings was founded in 1930 and is based in Wels, Austria with manufacturing facilities in Austria, Egypt, China, Canada, Mexico, the U.S. and Vietnam. The company has 1,130 employees.