Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, October 7 2015

SigmaKalon acquires a majority stake in Surinamese market leader

By Tim Wright

Published May 17, 2007
SigmaKalon has acquired a controlling interest in Varossieau, the market leader in decorative coatings in Surinam.

Through this transaction, SigmaKalon will own a 51% stake in Varossieau. The remainder of the shares will be in the hands of a number of Surinamese investors.

Varossieau was established in 1959. Today it has 56 employees. The company owns a manufacturing facility and three shops in Paramaribo. It sells decorative coatings, under the brand Historex. Varossieau is the market leader in Surinam with 63% market share. In 2006, its sales were €5.1 million.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Follow Coatings World On