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CIN – Corporação Industrial do Norte, SA

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Company Headquarters

Avenida de Dom Mendo, 831, 4474-009 Maia, Portugal,

Driving Directions

Brand Description

EN | With over 100 years of experience in the paints and varnishes market, CIN has been the market leader in the Iberian Peninsula since 1995. In 2022, it achieved a consolidated turnover of 389 million Euros, ranking as the 10th largest European paint manufacturer* and the 35th largest worldwide**.

CIN is present in the four main market segments (Civil Construction, Industry, Anti-Corrosion Protection and Yachting and Marine), with around 1,634 employees in over 15 countries, with a direct presence in Portugal, Spain, France, Italy, Poland, Angola, Mozambique, South Africa and Mexico; and exporting to several markets in Central Europe, Latin America and Africa.

Key Personnel

NAME
JOB TITLE
  • Joao Serrenho
    Chairman and CEO
  • Joao Luis Serrenho
    Vice President

Yearly results

Sales: 443 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings, Marine coatings, Yachting coatings

CIN has been at the forefront of the paint and coatings industry in the Iberian Peninsula for almost three decades, with a turnover of $443 million in 2024.

With more than 1,700 employees and a direct presence in three continents, its business focuses on the architectural, industrial, protective coatings, marine, and yachting segments.

With four R&D centers in Portugal, Spain, France and Italy, CIN is unwaveringly committed to innovation. By anticipating market needs and improving processes, it ensures the success of its high-quality and high-performance products, which are available in more than 50 countries in Europe, the Americas and Africa. Besides innovation, CIN has long invested in the quality and sustainability of its operations, as its several certifications can attest: quality management system (ISO 9001), Environment management system (ISO 14001), and Occupational, Health, and Safety System (OHSAS 45001). Production is secured by ten plants in Portugal, Spain, France, Italy, Angola and Mozambique, amounting to a total productive area of more than 270,000 square meters and an overall installed capacity of 150,000 tons, which 15 distribution centers back up.

Sales: 437 Million

 

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the paint and coatings industry in the Iberian Peninsula for almost three decades, with a turnover of USD $437 million in 2023.

With approximately 1,600 employees and a presence in more than 50 countries, its business focuses on the Architectural, Industrial, Protective Coatings, Marine, and Yachting segments. In addition to Portugal and Spain, CIN has subsidiaries in France, Italy, Poland, Angola, Mozambique, South Africa and Mexico, as well as four R&D centers in Portugal, Spain, France, and Italy. The company has overall installed capacity of 150,000 tons.

By anticipating market needs and improving processes, CIN’s commitment to innovation ensures the success of its high-quality and high-performance products, which are available in over 50 countries in Europe, the Americas and Africa.

Besides innovation, CIN has long invested in the quality and sustainability of its operations, as its several certifications can attest, including quality management system (ISO 9001), environment management system (ISO 14001), and occupational, health, and safety system (OHSAS 45001).

Sales: 424 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades, with a turnover of $424 million in 2022. Architectural coatings comprises 59% of sales, industrial (including powder) comprises 24%, protective 10% and marine and yachting 7%.

With approximately 1,600 employees and a presence in more than 50 countries, its business is focused on architectural, industrial, protective coatings and marine and yachting.

With four Research and Development (R&D) centers, in Portugal, Spain, France and Italy, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in more than 50 countries in Europe, the Americas, Asia and Africa.

Besides innovation, CIN has long been investing in the quality and sustainability of its operations as its several certifications can attest: Quality management system (ISO 9001), Environment management system (ISO 14001) and Occupational, Health and Safety system (OHSAS 45001).

Production is secured by ten plants in Portugal, Spain, France, Italy, Angola and Mozambique, amounting to a total productive area of more than 270,000 square meters and an overall installed capacity of 175,000 tons, which is backed up by 15 distribution centers.

Sales: 420 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades, with a turnover of USD $420 million in 2021.

With approximately 1,800 employees and a presence in more than 20 countries, its business is focused on architectural, industrial, protective coatings and marine and yachting. The architectural segment is CIN’s largest market, generating 60% of its sales, with the industrial market accounting for 25%.

With four Research and Development (R&D) centers, in Portugal, Spain, France and Italy, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in over 40 countries in Europe, the Americas, Asia and Africa.

Besides innovation, CIN has long been investing in the quality and sustainability of its operations as its several certifications can attest: Quality management system (ISO 9001), Environment management system (ISO 14001) and Occupational, Health and Safety system (OHSAS 45001).

Production is secured by 10 plants in Portugal, Spain, France, Italy, Angola and Mozambique, amounting to a total productive area of over 270,000 square meters and an overall installed capacity of 175,000 tons, which is backed up by 15 distribution centers.

Sales: 390 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades, with a turnover of USD $390 million in 2020. With approximately 1,400 employees and a presence in more than 20 countries, its business is focused on architectural, industrial, protective coatings and marine and yachting.

CIN has 11 manufacturing plants in Portugal, Spain, France, Italy, Angola and Mozambique, amounting to more than 270,000 square meters and an overall installed capacity of 175,000 tons, which is backed up by 15 distribution centers.

With four Research and Development (R&D) centers, in Portugal, Spain, France and Italy, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in more than 40 countries in Europe, the Americas, Asia and Africa.

In a major move, CIN acquired a majority stake in Boero Group, an Italian coatings company specializing in the architectural, yacht and naval coatings sector. CIN had acquired a small stake in the company a few years ago. The relationship between the two companies started a few years ago, when CIN acquired a small stock market stake in Boero. Boero had sales of €90 million in 2020.

“This alliance of two family companies with very clear expansion goals and ambitions opens interesting perspectives to the development of both,” said CIN CEO João Serrenho.

Sales: 280 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades. With approximately 1,400 employees and a presence in more than 20 countries, its business is focused on the three main market segments – Architectural, Industrial and Protective Coatings. With three research and development centers, in Portugal, Spain and France, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in 40 countries in Europe, the Americas, Asia and Africa.

Besides innovation, CIN has long been investing in the quality and sustainability of its operations. CIN has received Quality management system (IS 9001), Environmental management system (ISO 14001) and Occupational, Health and Safety system (OHSAS 18001) recognition.

Sales: 277 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades. With approximately 1,400 employees and a presence in more than 20 countries, its business is focused on the three main market segments – Architectural, Industrial and Protective Coatings. With three research and development centers, in Portugal, Spain and France, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in 40 countries in Europe, the Americas, Asia and Africa.

After a three-year European approval procedure, Artilin 3A Mate, CIN’s anti-mosquito paint, became the first anti-mosquito paint that met the most stringent requirements and thus was approved for sale on EU in 2016.

Sales: 270 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades, with a turnover of $270 million in 2017 (8 percent up on 2016). With approximately 1,400 employees and a presence in more than 20 countries, its business is focused on the three main market segments – Architectural, Industrial and Protective Coatings. With three Research and Development (R&D) centers, in Portugal, Spain and France, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in 40 countries in Europe, the Americas, Asia and Africa. Besides innovation, CIN has long been investing in the quality and sustainability of its operations as its several certifications can attest: Quality management system (ISO 9001), Environment management system (ISO 14001) and Occupational, Health and Safety system (OHSAS 18001). Production is secured by eleven plants in Portugal, Spain, France, Angola and Mozambique, amounting to a total productive area of over 150 000 square meters and an overall installed capacity of 135,000 tons, which is backed up by 14 distribution centers.

Approximate percentage of sales in: Architectural: 52 percent
Industrial (including powder): 37 percent Protective coatings: 11 percent.

Number of coatings manufacturing facilities worldwide: 10 Facilities by location with the type of product(s) manufactured: Maia, Portugal – decorative, industrial and protective coatings Maia, Portugal – powder Barcelona, Spain – decorative, industrial and protective coatings Madrid, Spain – powder coatings
Girona, Spain – industrial coatings
Lyon, France – industrial coatings Nantes, France – industrial coatings
Reims, France – industrial coatings
Benguela, Angola – decorative and protective coatings Maputo, Mozambique – decorative and protective coatings

Recent moves:
 Acquisition of Govesan, Spain, 2017 March.

Sales: 257 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN has been at the forefront of the sector in the Iberian Peninsula for two decades, with a turnover of $257 million in 2016 (4.7 percent down from 2015). With more than 1,300 employees and a presence in more than 20 countries, its business is focused on three main market segments – architectural, industrial and protective coatings.  With three Research and Development (R&D) centers, in Portugal, Spain and France, CIN is unwaveringly committed to innovation – anticipating market needs, improving processes – thus ensuring the success of its products, which can now be found in 40 countries in Europe, the Americas, Asia and Africa. Besides innovation, CIN has long been investing in the quality and sustainability of its operations as its several certifications can attest: Quality management system (ISO 9001), Environment management system (ISO 14001) and Occupational, Health and Safety system (OHSAS 18001). Production is secured by eleven plants in Portugal, Spain, France, Angola and Mozambique, amounting to a total productive area of over 150 000 square meters and an overall installed capacity of 135 000 tonnes, which is backed up by 14 distribution centers.

Sales: 270 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN (Corporação Industrial do Norte S.A.) is a Portuguese privately owned paint and coatings company, established in 1926, acting through subsidiaries in Portugal, Spain, France, Angola, Mozambique, Mexico and South Africa and looking to extend its activities to other countries in Europe, Africa and South America. The company reported revenue of $270 million for 2015. At the end of 2015, CIN Group acquired French group Monopol, which operates in the general industry, glass, industrial bodywork and aeronautics segments. CIN has long been investing in the quality and sustainability of its operations as its several certifications can attest: quality management system (ISO 9001), environment management system (ISO 14001) and occupational, health and safety system (OHSAS 18001).

Sales: 270 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN (Corporação Industrial do Norte S.A.) is a Portuguese privately owned paint and coatings company, established in 1926, acting through subsidiaries in Portugal, Spain, France, Angola, Mozambique, Mexico and South Africa and looking to extend its activities to other countries in Europe, Africa and South America. The company reported revenue of $270 million for 2014. Architectural/decorative coatings comprised 56 percent of sales, industrial (including powder) comprised 32 percent and protective coatings comprised 11 percent. The company most recently launched Inspira Zero COV – a water-based Zero VOC interior paint available in white as well as thousands of colors.

Sales: 261 Million

Markets Served: Architectural coatings, Industrial coatings, Protective coatings

CIN (Corporação Industrial do Norte S.A.) is a Portuguese privately owned paint and coatings company, established in 1926, acting through subsidiaries in Portugal, Spain, France, Angola, Mozambique, Mexico and South Africa and looking to extend its activities to other countries in Europe, Africa and South America.

The company reported revenue of $261 million for 2013. Turnover for the group was €187M, reflecting growth of 1.2 percent. This positive growth reflects the improvement in the international economic environment and the increasing evidence of recovery in core markets which were the worst affected in previous years.CIN is the Iberian paint and coatings market leader since 1994.

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