Kemira: Tikkurila has acquired rest of shares in its industrial coatings companies in Russia
In spring 2007 Tikkurila acquired a 70% stake in the industrial coatings companies OOO Gamma Industrial Coatings and OOO Tikkurila Powder Coatings. They produce and market industrial coatings under the brand names Gamma and Ohtek with a combined revenue totalling approximately EUR 10.7 million and a staff of 155.
Tikkurila currently has five paint factories in Russia. Products from these factories are sold under the brands of Teks, Finncolor, Gamma and Ohtek. Tikkurila Oy has also been exporting paints and coatings to Russia for decades under the brand names of Tikkurila and Tikkurila Coatings. A sales company for Tikkurila's industrial coatings started operating in St. Petersburg in 1998.
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