PRIVATE COMPANY; YEAR ESTABLISHED: 1985
REVENUE: $192.3 million
Automotive refinish; Decorative paints; Wood finishes
Mohamed Mohamed Ahmed El-Sayed, CEO; Amr Mohamed El-Sayed, commercial director; Lotfy Hassan El-Badrawy, R&D director.
The company was founded under the name Kantara Paints and Chemical Industries specializing in car refinish paints. In 2002 the company opened its current headquarters and changed its name to Kapci Coatings. The company employs 1,500 people. In 2019, Kapci generated revenue of $192.3 million. Car refinishes accounted for 63 percent of sales; architectural and decorative coatings 20 percent; wood finishes accounted for 14 percent, and inks accounted for three percent. Kapci Coatings’ production facility is located on 210,000 square meters of space where the company has an annual production capacity of roughly 80,000 tons. It has recently expanded its warehouse space. The new location, specifically for emulsion paints, will be nearly 62,000 square meters.