Coatings World - March 2017

by opening a new factory for adhesives and acoustic products in Sao Paulo, Brazil. Today, more than 25 million vehicles produced worldwide are made stronger and safer with the company’s structural adhesives, while its acoustic systems reduce interior noise by more than 30%.

The new factory in Sao Paolo with
its adjoining Technology Center will
manufacture adhesives and a wide range
of acoustic products for the automotive
market in Latin America. The high-per-
formance technologies are used in vari-
ous applications, including acoustic and
sealing applications, to reduce the noise
level in cars, or to structurally bond ve-
hicle body shells. Bonding technology has
huge advantages over welding and helps
the automotive industry respond to cur-
rent trends in modern vehicle construc-
tion, such as crash resistance, lightweight
construction and mixed material design.
Thanks to Sika products, vehicles are be-
coming safer, lighter, quieter and more
environmentally friendly.

Dave Jones, Head of Global Automotive at Sika: “Following the successful acquisition of Colauto in 2011, we remain strongly committed to the region’s automotive industry and are investing further in the expansion of our product portfolio and production capacities. As the market leader, we are devoted to locally serve our customers and offer them our full range of innovative products. We are proud to be able to provide our global product range in Brazil to international car makers such as Fiat Chrysler Automobiles, Ford, General Motors, Volkswagen and Toyota.”

Teknos to Acquire Dutch
Drywood Coatings

Teknos has entered into an agreement to acquire Dutch Drywood Coatings BV. The transaction is expected to be materialized by the end of September.

Drywood is a Dutch privately held
company that develops, produces and
sells water-based coatings for wood sub-
strates. Drywood has its production unit
in Enschede, Holland near the German
border. Drywood maintains a leading
market position in the Industrial Wood
Coatings market in Holland, and has es-
tablished a strong position in recent years
also in the Industrial Wood market in the
UK and in the Architectural Coatings
market in Norway. The net sales for 2015
were approximately € 9 million and it has
33 employees.

The acquisition of Drywood is an important part of Teknos’ growth strategy. The acquisition creates access to a new market area for Teknos and it will further strengthen Teknos’ position in the European industrial wood coating market.

“Teknos’ vision is to be the leading supplier of technically advanced coating solutions close to customers. Through the Drywood acquisition Teknos gains access to the coating markets in Holland, an extensive dealer network in Norway and a product assortment that complements

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