Helios Domale, d. d., has acquired Ukrainian paint maker Avrora. As a result Helios has gained a new production location to add to its current sites in Slovenia, Croatia, Serbia and in Russia. According to Helios, Avrora’s sales are approximately €4.8 million. This will raise Helios’ total sales in Ukraine to approximately €10 million.
Avrora, which is located 160 km from the capital Kiev employees 100 employees. It specializes in the production of coatings for the metal industry. As a result of the acquisition, Helios has gained a distribution and logistics center in Ukraine.
Helios also said it will be a supplier of automotive coatings to a large car factory opening in the vicinity.
Helios acquires Avrora
Published February 19, 2008