ACQUIRED D&M COATINGS
SigmaKalon and Gilde Participaties
have reached an agreement for the
acquisition by SigmaKalon of
Doelfray & Macostan Coatings BV
(D&M) in Veenendaal.
SigmaKalon, a worldwide player in
decorative, marine, protective and
industrial coatings, employs approximately
10,000 people in 40 countries,
with a focus on Europe, Asia and
Africa. Turnover of SigmaKalon in
2004 was roughly 1.7 billion euros.
D&M Coatings is a specialized
manufacturer of coatings for the joinery,
furniture and light metal industry
in Western Europe. D&M generated
a turnover of around 23 million
euros in 2004 and employs 80 people.
With its state-of-the-art production
facility D&M will further strengthen
the Industrial Coatings Business unit
of the SigmaKalon Group. The closure
of this transaction is subject to regulatory
approval from the German
Federal Cartel Office.
Published January 16, 2006
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