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

Emaar acquires

Published January 16, 2008
Emaar Industries & Investments (EII), a subsidiary of Emaar Properties PJSC, has acquired a majority stake in Caparol LLC, the Dubai arm of German decorative paint manufacturer the Deutsche Amphibolin Werke (DAW) Group. The Caparol brand is the leading brand within the DAW Group.
With the partnership, EII takes its number of business subsidiaries to 13. As a strategic growth-facilitator, EII will now steer the market expansion of Caparol, which plans to move into Saudi Arabia, North Africa, Egypt and South East Asia. Dubai will serve as the regional hub of the company, and the production capacity will almost be doubled with the building of a new production facility, which will be the first major local investment of the new business.
Caparol, headquartered in Ober-Ramstadt, Germany with operations in over 50 markets around the world, has a turnover of approximately €1 billion. The Dubai operation, Caparol LLC, was established in 1998.

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
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
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
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Follow Coatings World On