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.
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. In May, CEO Peter Ropke announced his resignation from Flugger Group.
PUBLIC COMPANY
YEAR ESTABLISHED: 1785
REVENUE: $263 million
MARKETS SERVED
• Architectural coatings
KEY EXECUTIVES
Peter Ropke, CEO; Ulf Schnack, director;
Carl Trock, chairman; Sune Schnack, vice
chairman.
PRIVATE COMPANY
YEAR ESTABLISHED: 1927
REVENUE: $256 million
MARKETS SERVED
• Decorative paints • Construction paints
• Industrial paints • Furniture paints
• Automotive paints • Marine paints
KEY EXECUTIVES
Selcuk Yasar, honorary president of Yasar
Holding; Mehmet Kahya, chairperson of
audit committee; Ahmet Metin Onaner,
chair of early detection of risk committee.
Yasar
Yasar Izmir, Turkey
www.dyo.com.tr 56 Flugger Group Scandanavia www.flugger.com 55
Origin Electric operates in three segments: Electronics, Me- chatronics and Chemitronics. The Chemitronics division is upported by metal surface treatment and surface plating
technologies as well as by its history of R&D in the fields of elec-
tronics and coating materials. Energy-saving measures jointly devel-
oped with other engineering groups have resulted in developments
being achieved in the field of synthetic resin paints. The company
operates in Japan, as well as in Taipei, Hong Kong, the U.S. and
China. Origin began developing paints in 1947 as a part of its sur-
face processing research efforts creating highly functional paints, in-
cluding paints used for plastic substrates, water-based paint/TX-free
paint and paints used for plated nonferrous metals. Applications
include auto interior and exterior parts, cell phones and computers.
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 $270 million for 2015.
At the end of 2015, CIN Group acquired French group Monopol,
which operates in the general industry, glass, industrial bodywork
and aeronautics segments. CIN has long been investing in the qual-
ity and sustainability of its operations as its several certifications can
attest: quality management system (ISO 9001), environment man-
agement system (ISO 14001) and occupational, health and safety
system (OHSAS 18001).
PUBLIC COMPANY
YEAR ESTABLISHED: 1938
REVENUE: $268 million
MARKETS SERVED
• Synthetic resin paints • Coatings for
digital devices
KEY EXECUTIVES
Toshio Kashiwagi, president and director;
Minoru Fujisawa, managing director and
GM of coating operations division.
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.
Origin Electric
Tokyo, Japan
www.origin.co.jp 54 53 CIN - Corporação Industrial do Norte, SA Maia, Portugal
www.cincoatings.com