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Teknos Opens Own Sales Company in Slovenia

Published on 2008-08-26. Author : SpecialChem

Teknos has signed a contract to acquire the business from the Slovenian paint distributor DO-RAL and established a new sales company Teknos d.o.o. As a minority shareholder in the new company is Mr Dominik Zupan, the owner of DO-RAL. The new company starts on 1st September.

Before the acquisition DO-RAL acted as sales agent for Teknos selling industrial wood paints to local door, window and furniture manufacturers. The co-operation started in 2004. DO-RAL has also invested in the marketing to get Teknos brand on the map in Slovenia.

The market has developed well and the sales in Slovenia and its neighbouring countries, like in Croatia, Bosnia Herzegovina and Serbia, have grown. The purchase of DO-RAL's business will provide to Teknos a local base from which to strengthen sales and service capabilities and allowing for greater share of Slovenian and Balkan markets.

Mr. Dominik Zupan has been nominated as managing director in the new company and the personnel from DO-RAL will move to the new company. Teknos focuses to strengthen the organisation in Slovenia and widen the product range to cover also paints and coatings for metal industry.

The company will move to bigger premises near Ljubljana where there will be a large warehouse, technical facilities and tinting service to ensure quick paint deliveries and good service to the area. The acquisition of the Slovenian company is according to Teknos' strategy of the expansion and of a good local customer service.

About Teknos:

Teknos is one of Scandinavia's leading suppliers of industrial coatings and a major participant in the retail and architectural paint markets. Group companies operate in Scandinavia, Germany, the United Kingdom, Ireland, Poland, Slovenia and Russia, and through a well-established network of agents and representatives in about twenty other European countries. Teknos employs around 1000 staff, with over 150 working in research and development. Group turnover is EUR 250 million. Teknos was established in 1948 and it is one of the largest family businesses in Finland.

Source: Teknos

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