PRIVATE COMPANY; YEAR ESTABLISHED: 1988
REVENUE: $360 million
Architectural coatings; Adhesives; Industrial coatings; Thermal insulation; Wood coatings
Gozde Akpinar, chairman of the board; Tayfun Kucukoglu, board member and GM; Mert Erdog, VP supply chain; an Gökhan Güner, VP of Finance
Betek entered the decorative paints industry in 1993 through its technological cooperation with DAW, which owns 26 percent of the company. Betek was the first Turkish paint company that commenced production with a European partner. Betek has been the market leader in the industry with its multi-brand strategy which is being delivered to more than 5,000 retail outlets. The company currently has approximately 1,200 employees. Betek has five manufacturing facilities.. Betek has been at the forefront of adopting environmental protection and health standards of European Community since 1993 for all its products manufactured. The company was recently acquired by Nippon Paint.