“Helios already has the sales network in European markets, with its
numerous trusted brand names. We hold a strong position in industrial, car refinish and decorative coating segments. Our portfolio is
similar and in some cases complementary to Kansai Paint’s. Kansai
has a strong commitment to R&D and innovations and Helios obtains efficient production, strong R&D department with well-skilled
people and advanced equipment. For all these reasons amongst others, Helios is the right company for Kansai to expand and develop
business in Europe.”
35. Noroo Paint Co. Ltd.
Anyang-Si, South Korea
www.noroo.co.kr
PUBLIC COMPANY; YEAR ESTABLISHED: 2006
REVENUE: $475 million
MARKETS SERVED
Architectural coatings; Industrial coatings; Automotive refinishes
KEY EXECUTIVE: Soo-Kyoung Kim, CEO.
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 and wood stain; 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. The company was founded in 2006 and employs 674 people.
Architectural coatings account for 43. 5 percent of sales while industrial coatings make up 24. 5 percent, automotive refinishes 14.2
percent and others comprising 17. 8 percent.
36. Meffert AG Farbwerke
Bad Kreuznach, Germany
www.meffert.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1947
REVENUE: $398 million
MARKETS SERVED
Architectural coatings ; Wood coatings; Industrial coatings
KEY EXECUTIVES
Klaus Meffert , president and member of the executive board, Dieter Meffert , member of
the executive board.
Meffert is one of Europe’s leading manufacturers of high- quality paints and varnishes, wood stains, plasters, seal- ing compounds, and renovation and building-protection
products. Located in Bad Kreuznach, Germany and founded in 1947,
Meffert’s product range now encompasses more than 30,000 items.
The company employs approximately 1,500 employees at more
than 20 domestic and international production and distribution locations. The Meffert group of companies pursues the aim of aligning
its services and support to the needs of its customers. The brands
Dinova, Profi Tec and Albrecht, supply wholesalers for craft trades
and industry. The brands düfa, Super Nova, Correx, farbfit and
Pronova are for DIY users. Meffert acquired the German decorative
paints business of Feidal.
37. Nihon Toksuhu Toryo Co. Ltd.
Tokyo, Japan
www.nttoryo.co.jp
PUBLIC COMPANY; YEAR ESTABLISHED: 1929
REVENUE: $389 million
MARKETS SERVED
Decorative coatings; Performance coatings
KE Y EXECUTIVES
Masahiro Nojima, chairman and CEO; Makio Sakai, president and COO; Jun Taya, managing
director and CFO; deputy chief officers of paints and coatings: Hisami Nishioka and
Yoshihiko Doi.
Nihon Tokushu Toryo Co., Ltd. is a Japan-based manufac- turing company that operates in two business segments. The paint-related segment manufactures and sells paints
and soundproof materials. This segment is also involved in the
paint-related and soundproof material-related construction work.
The automobile product-related segment manufactures and sells automotive soundproof materials, such as damping materials, acoustic absorbents and sound insulators, as well as antirust materials.
The company has nine subsidiaries and ten associated companies
in Japan, as well as overseas markets, including the U.S., Thailand,
China and Singapore. The company was founded in 1929, is headquartered in Tokyo and has approximately 556 employees.
38. Carpoly Chemical Group
Jiangmen, China
www.carpoly.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1999
REVENUE: $378 million
MARKETS SERVED: Architectural and industrial
KE Y EXECUTIVES
Donghang Qiu, chairman of the boardt; Shuchao CAO,vice president; Xiaobo Lu, group
general manager and marketing director; Ronghua Chen, technical director.
In 2016, Carpoly’s sales were $378 million. Car- poly offers products and
services to the furniture and
decorative paints market.
The company has 3,341 employees, eight production facilities located in Guangdong, Shanghai,
Sichuan and Hebei, approximately 2, 100 direct distributors and
more than 15,000 points of sales throughout China. In 2016, Carpoly restructured its production, supply and sales chains to allow
more efficient performance. The company improved its research and
development technology system. Carpoly is committed to quality,
innovation, value and performance.