Tikkurila buys JUB's stake in trading company Tikkurila JUB Romania SRL
Tikkurila, which is responsible for Kemira's paints and coatings business, will strengthen its position in the South Eastern European paint market. Tikkurila has agreed to acquire the 50% stake of the Slovenian JUB in the trading company Tikkurila JUB Romania SRL. The ownership will be transferred on September 1, and after this Tikkurila owns 100% of the company that will change its name to Tikkurila SRL. The parties have agreed not to disclose any financial details.
Tikkurila JUB Romania SRL was established in May 2008 for marketing, selling and distributing Tikkurila's and JUB's decorative paints in Romania. Following the new ownership structure, the service concept of Tikkurila SRL will also include Tikkurila's industrial coatings. With an office and a warehouse in Bucharest, the company employs around 10 people.
Most read news
Other news from the department business & finance
These products might interest you

Dursan by SilcoTek
Innovative coating revolutionizes LC analysis
Stainless steel components with the performance of PEEK - inert, robust and cost-effective

OCA 200 by DataPhysics
Using contact angle meter to comprehensively characterise wetting behaviour, solids, and liquids
With its intuitive software and as a modular system, the OCA 200 answers to all customers’ needs

Tailor-made products for specific applications by IPC Process Center
Granulates and pellets - we develop and manufacture the perfect solution for you
Agglomeration of powders, pelletising of powders and fluids, coating with melts and polymers

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.