Tikkurila acquires ISO Paint Nordic business complement product range

Tikkurila to acquire ISO Paint Nordic

11:01 AM, 20th October 2014
Tikkurila acquires ISO Paint Nordic business complement product range

VANTAA, FINLAND: Tikkurila has agreed on the acquisition of the business of ISO Paint Nordic A/S, which focuses on developing, manufacturing and selling energy-efficient and environmentally sustainable coatings.

The acquisition will complement Tikkurila’s professional product range, technologies and expertise in energy-efficient coating solutions and solutions which extend the life cycle of structures. For example, the products reduce the amount of heating or cooling energy needed in buildings.

“This acquisition supports our profitable growth strategy well. Demand for energy-efficient and eco-efficient solutions has clearly grown in the recent years, and we expect this positive trend to continue. Customers are expecting to receive increasingly comprehensive coatings solutions from one supplier. This acquisition also caters to their wishes, and it is a logical extension to Tikkurila's June purchase of the Swedish KEFA Drytech AB, which specializes in functional products, such as mold protection,” said Erkki Jarvinen, President and CEO, Tikkurila.

Related News - Tikkurila divests three subsidiaries in Europe

 

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