07.28.23
(RAR Holding)
Dubai, UAE
www.rarholding.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1970
REVENUE: $287 million
MARKETS SERVED
Wood coatings; Industrial and Protective coatings; Decorative coatings; Powder coatings
KEY EXECUTIVES:
Rabih Reaidy, chairman; Anthony Reaidy, head of strategic planning; Wissam Kassis, director; Fay Bensba, CLO; Mr. Mowaffag, marketing director; Dr. Maarouf Ali, Eliane Germanos, Mr. Francisco, technical directors.
Ritver Paints & Coatings (RAR Holding) is a leading coatings manufacturer in the Middle East, with headquartered in Dubai, UAE, and manufacturing facilities in UAE and Saudi Arabia (KSA). In addition, Ritver Paints has manufacturing operations in Italy, Lebanon and Nigeria. The company has 783 employees.
Wood coatings make up approximately 37% of Ritver Paints’s sales, with architectural/decorative paints accounting for 21% and powder coatings 12%. Automotive OEM and coil coatings each make up 9% of sales. Among RAR Holding’s paint brands are Ritver Paints, Silva Vernici Paints, Vernici Egidio Milesi and Citver Vernici and Evi Vernici.
In recent news, Ritver has launched Automotive paints production in UAE, Powder Coating production in UAE and KSA, Decorative paints in KSA, and Wood Coatings production in KSA. Meanwhile, the Egidio Milesi brand has acquired warehouses and selling in the Gulf Coast Countries (GCC) in Oman and the UAE, and Ritver Paints & Coatings has acquired automated machines from Italy to grow production capacity. The Citver brand has given exclusivity in the GCC to Danube Distributors, who sell approximately $2.4 billion in GCC for building materials.
Dubai, UAE
www.rarholding.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1970
REVENUE: $287 million
MARKETS SERVED
Wood coatings; Industrial and Protective coatings; Decorative coatings; Powder coatings
KEY EXECUTIVES:
Rabih Reaidy, chairman; Anthony Reaidy, head of strategic planning; Wissam Kassis, director; Fay Bensba, CLO; Mr. Mowaffag, marketing director; Dr. Maarouf Ali, Eliane Germanos, Mr. Francisco, technical directors.
Ritver Paints & Coatings (RAR Holding) is a leading coatings manufacturer in the Middle East, with headquartered in Dubai, UAE, and manufacturing facilities in UAE and Saudi Arabia (KSA). In addition, Ritver Paints has manufacturing operations in Italy, Lebanon and Nigeria. The company has 783 employees.
Wood coatings make up approximately 37% of Ritver Paints’s sales, with architectural/decorative paints accounting for 21% and powder coatings 12%. Automotive OEM and coil coatings each make up 9% of sales. Among RAR Holding’s paint brands are Ritver Paints, Silva Vernici Paints, Vernici Egidio Milesi and Citver Vernici and Evi Vernici.
In recent news, Ritver has launched Automotive paints production in UAE, Powder Coating production in UAE and KSA, Decorative paints in KSA, and Wood Coatings production in KSA. Meanwhile, the Egidio Milesi brand has acquired warehouses and selling in the Gulf Coast Countries (GCC) in Oman and the UAE, and Ritver Paints & Coatings has acquired automated machines from Italy to grow production capacity. The Citver brand has given exclusivity in the GCC to Danube Distributors, who sell approximately $2.4 billion in GCC for building materials.